Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.

The price of gold traded at $2,576.19 per troy ounce, as of 9 a.m. ET. That’s down 0.08% from yesterday’s gold price per ounce and up 24.68% since the beginning of the year. The lowest trading price within the last 24 hours: $2,560.90 per ounce. The highest gold spot price in the last 24 hours: $2,582.28 per ounce.

MCX Gold for October 4 expiry opened at 73,619 per 10 grams on Friday. However, it pared gains quickly and traded 0.08 per cent up at 73,500 per 10 grams around 9:15 am. In the pr

Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the horizon.

A months-long surge that has seen gold break successive records is drawing in more followers, as interest in physically backed exchange-traded funds gathers pace and more buyers seek to hedge against macroeconomic and geopolitical uncertainties.

Gold hits an all-time high near $2,625, while silver surges to $31.30, driven by the Fed's rate cut and robust demand from China’s solar industry.