SRINAGAR : Gold and silver prices on the Multi Commodity Exchange (MCX) soared to fresh record highs on Tuesday, driven by global cues, US tariff concerns, and strong festive demand, reports The Economic Times. Follow Us On G -N e w s | Whatsapp
MCX Gold October futures surged nearly 2 per cent to an all-time high of Rs 1,14,163 per 10 grams in morning trade, while MCX Silver December futures advanced over 1 per cent to touch Rs 1,34,980 per kg. By 3:05 pm, gold futures were trading 1.56 per cent higher at Rs 1,13,980 per 10 grams, and silver futures were up 0.94 per cent at Rs 1,34,806 per kg.
Analysts attributed the rally to multiple factors, including a weaker US dollar, central bank buying, and safe-haven demand amid global uncertainty. Spot gold prices in I