MCX gold opens at ₹70,303 per 10 grams, quickly reaching ₹70,398 intraday. Meanwhile, Kerala gold prices experience a modest rise, with a slight increase noted today.
Through gold mutual funds, investors now have the opportunity to invest in gold without having to face the problems of storage and security associated with physical gold.
Retail inflation data and earnings crucial; profit booking Continues; positive global cues; crude oil rising; gold expected to increase on interest rate hopes
To increase the robustness of the investment portfolio, include gold and silver in the mix; additionally, gold serves as a good hedge against inflation