Why gold prices may still rise despite 25% jump last year2 min read 01 Jan 2020, 09:22 AM IST
Gold prices jumped nearly 25% in India last year
Many analysts still remain bullish on gold performing well this year
The year 2019 saw gold coming out of a six-year trading range and posting strong gains. Gold prices rose 18% on COMEX and in India, on MCX, gold surged 25%. Despite the sharp surge, many analysts expect the bullish momentum to continue going into 2020. On MCX, February gold futures closed at ₹39,100 per 10 gram on Tuesday.
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