India, Sept. 30 -- Gold prices surged on Tuesday, rising Rs 1,217 to a fresh record high of Rs 1,17,561 per 10 grams in the domestic futures market. The rally was driven by safe-haven demand as investors weighed risks of a potential US government shutdown and anticipated further interest rate cuts by the Federal Reserve.
On the MCX, December gold futures gained 1.04% to Rs 1,17,561 per 10 grams, marking the fourth consecutive session of gains. Meanwhile, the February 2026 contract jumped Rs 1,314, or 1.12%, to a lifetime high of Rs 1,18,788 per 10 grams.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....