Gold in demand in a risk-averse world, local prices top Rs 95,000

Gold prices in India surged to ₹95,000 per 10 grams on Thursday, mirroring global trends. Central banks and ETFs are increasing gold holdings. This rise coincides with geopolitical tensions and a weaker US dollar. Retail investors are selling gold to profit from the high prices. Akshaya Tritiya sales may suffer due to the increased cost.