Gold prices surged to an all-time high on Monday (October 13), fueled by safe-haven demand amid renewed US-China trade tensions and expectations of US Federal Reserve interest rate cuts.

Spot gold was trading at $4,044.29 per ounce as of 0253 GMT, after briefly touching an all-time high of $4,059.30 an ounce earlier in the session. US gold futures for December delivery rose 1.6% to $4,062.50 an ounce.

In India, 24-karat gold is priced at ₹12,540 per gram, 22-karat at ₹11,495, and 18-karat (999 gold) at ₹9,405, according to Goodreturns.

The rally comes in the wake of US President Donald Trump’s imposition of 100% tariffs on Chinese goods, effective November 1, and new export controls on critical software.

Analysts say these measures, along with broader geopolitical concerns, have reinfo

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