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Showing posts with the label Gold Price Today June 13: MCX Gold August 2025 futures cross ₹1 lakh on Iran-Israel conflict

Bullion Boom: MCX Gold August 2025 Contract Soars Over 1 Lakh Amid Middle East Tensions

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MCX Gold August 2025 futures surged past 1 lakh as geopolitical tensions and a weakening US dollar fueled a safe-haven rally. Learn what is behind the spike, what experts predict, and how you should invest. June 13, 2025 – Market Overview In a striking display of investor sentiment toward safe-haven assets, the MCX Gold August 2025 futures contract breached the 100000 mark per 10 grams—a psychological milestone that has grabbed headlines across the financial landscape. The contract opened at 100300, witnessing a sharp intraday gain of over 1800 from the previous session. This is not just a technical breakout. It is a financial reflection of rising geopolitical fears, macroeconomic uncertainties, and the return of gold’s historical appeal as a store of value during turbulent times. Let us explore the reasons behind the rally, key expert views, and how traders and investors should respond. Key Reasons Behind Gold’s Rally Middle East Escalation The most immediate trigger has b...