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GOLD RALLY INTENSIFIES AMID GEOPOLITICAL AND POLICY RISKS

Published on Jan 14, 2026 14:58

Gold futures surged to fresh record highs near $4,650 per ounce in Asian trade on Wednesday, underpinned by firm expectations of US rate cuts and an intensification of safe-haven flows. Market focus now shifts to the US PPI and retail sales data for further insight into the economic outlook and the Federal Reserve�s policy trajectory. Haven demand was further reinforced by renewed concerns over the Fed�s independence following a criminal probe linked to Chair Powell�s June testimony, alongside elevated geopolitical risks tied to Iran�s internal unrest and potential US involvement. In the domestic market, MCX February gold futures advanced over ₹1,000 to ₹143,330 per 10 grams, marking a fresh all-time high and mirroring strength across global precious metals.

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