Gold slips from record high Rs 1,35,496; macro uncertainty fuels future gains

• * Gold prices slipped 0.98% from a record high of Rs 1,35,496, with MCX 24-carat gold closing at Rs 1,34,180 per 10 grams on Monday.
• * Spot gold was above $4,315 an ounce on December 16, gaining 0.24% in a day and 2.53% in a week.
• * Rising gold prices are attributed to softer US bond yields, a weaker dollar, and increased interest in safe-haven assets.
• * Experts suggest gold could drift towards ₹1,40,000 on MCX if it holds above ₹1,35,500, with a trading range of $4,290-$4,400 expected this week.
• * Upcoming jobs and inflation data, along with potential interest rate decisions from the Bank of England and Bank of Japan, are key market focus points.

Why It Matters: Gold prices are changing, influenced by global factors, affecting your investments.