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Gold breaches ₹4,800 mark as global geopolitical tensions intensify
Gold prices hit a record ₹4,800 as geopolitical tensions between major economies strengthened safe haven demand and pushed investors toward precious metals.
Gold prices crossed ₹4,800 per gram for the first time as escalating tensions between the United States and European Union over Greenland boosted safe haven demand. Investors shifted toward precious metals amid geopolitical uncertainty and volatile currency markets. Analysts noted sustained buying interest as global risks remain elevated. Market participants continue monitoring geopolitical developments and central bank signals for further directional cues.