First Published: 17 Jan 2023, 03:46 PM IST
Why the gold prices are on the rise?
Updated: 17 Jan 2023, 04:28 PM IST
TL;DR.The cues from the US Fed on the likely slowdown in rate tightening have helped gold prices rally from $1,700 levels. Globally, it is trading 5-6 percent lower than the all-time high level recorded in September 2022.