NEW DELHI, Oct 13: Gold prices on Monday surged by Rs 2,613 to hit a fresh peak of Rs 1,23,977 per 10 grams in the domestic futures trade, buoyed by renewed US-China trade tensions, a prolonged US government shutdown, and growing global economic uncertainty that spurred safe-haven demand. On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 2,613, or 2.15 per cent, to hit a record of Rs 1,23,977 per 10 grams. The February 2026 contract for the yellow metal also appreciated Rs 2,296, or 1.87 per cent, to trade near its lifetime peak at Rs 1,24,999 per 10 grams. The contract had scaled a fresh high of Rs 1,25,025 per 10 grams on Thursday. Last week, gold prices had rallied by Rs 3,251, or 2.75 per cent, touching a record of Rs 1,23,677 per 10 grams

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