India, Dec. 23 -- Gold and silver prices continued their record-breaking rally on Tuesday, as investors flocked to safe-haven assets amid escalating geopolitical tensions and rising expectations of interest rate cuts next year by the US Federal Reserve.
Both precious metals extended their winning streak, touching fresh all-time highs in domestic as well as international markets.
On the Multi Commodity Exchange (MCX), gold futures for February delivery surged by Rs 1,637, or 1.2 per cent, to hit a new record high of Rs 1,38,381 per 10 grams, marking gains for the second consecutive session. Silver prices also remained firm, tracking strength in global markets.
Published by HT Digital Content Services with permission from Dion Global Solut...