Gold rate today : Gold future prices on Tuesday touched a record of Rs 1,20,900 per 10 grams, registering an increase of Rs 651. This surge was driven by robust global market conditions, the ongoing US government shutdown, and increasing speculation about Federal Reserve rate reductions at their next meeting. Trading on the Multi Commodity Exchange (MCX) showed December delivery gold futures rising by Rs 651 (0.54 per cent) to reach Rs 1,20,900 per 10 grams. Additionally, the February 2026 gold futures contract rose by Rs 648 (0.53 per cent) to establish a new high of Rs 1,22,231 per 10 grams, according to a PTI report. "Gold prices rose to an all-time high on US economic and political uncertainties and expectations of further interest rate cuts by the Federal Reserve," stated Manav M
Gold rate today: MCX Gold touches new record of Rs 1,20,900 per 10 grams; why are gold prices rising?

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