Gold prices have seen sharp fluctuations this year amid changing expectations on US interest rates, a stronger dollar and geopolitical tensions. HSBC expects the Federal Reserve may not raise rates as anticipated, while central bank buying and demand in India and China could support prices
On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent, touching Rs 86,875 per 10 grams. The surge in gold prices is mainly driven by global instability
