Gold prices in India hit a record Rs 1,30,874 per 10 grams on Dhanteras amid festive demand and global uncertainties. Analysts expect higher jewellery sales, while trade tensions and safe-haven flows continue to drive the rally.

Mumbai: As Diwali approaches, the gold prices have hit a new high amid increasing global uncertainties, including trade tensions and softening macro data, prompting a flight to safety.

Last month, gold prices jumped by Rs 20,073 per 10 gram or 18 per cent, triggering a strong sense of FOMO (fear of missing out), as every pullback is being met with aggressive buying, with Diwali around the corner. Since last Dhanteras, gold has delivered substantial gains for investors, with prices witnessing a record surge.

The price of 24-carat gold (10 grams) rose to a new hi

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