Gold prices saw an enormous rise on the domestic market on Thursday, January 2, amidst higher volatility brought on by current geopolitical concerns. On the domestic front, MCX Gold remained upbeat regardless of the U.S. Federal Reserve''s decision to forecast fewer interest rate cuts in 2025 has put some downward pressure on gold. In 2024, gold became one of the best-performing investments, rising almost 27% in its highest yearly gain since 2010.
