Gold price today: MCX gold rate ₹700 away from life-time high. Will it climb to a new peak amid US inflation concerns?

Gold rate today: Amid US Fed rate cut buzz, MCX gold rate continued to trade sideways but managed to sustain above ₹79,000 per 10 gm mark. Gold futures contract for February 2025 expiry on Multi Commodity Exchange opened downside at ₹79,150
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