In a significant shift, gold is transforming its perceived role this Dhanteras, evolving from mere decorative adornment to a critical strategic asset. Mr. Inderbir Singh Jolly, CEO of PL Wealth Management, shared insights on the current market dynamics surrounding gold, noting that globally, spot gold prices recently exceeded US $4,300 per ounce, marking the largest weekly gain seen in nearly two decades. In India, prices have surged to approximately ₹1,31,699 per 10 grams for 24-carat gold, accompanied by premiums that have reached ₹782 per 10 grams— the highest level in over ten years.

This upward trajectory in gold prices can be attributed to several factors, including a weakening dollar, expectations of interest rate cuts in the United States, and aggressive accumulation by central ba

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