NEW DELHI, Oct. 14 -- Gold and silver prices on Tuesday scaled fresh record highs in the domestic futures trade, mirroring lifetime gains in the international markets as renewed US-China trade tensions and prospects of rate cuts by the US Federal Reserve bolstered safe-haven demand.
On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed Rs 2,301, or 1.84 per cent, to hit a new peak of Rs 1,26,930 per 10 grams. The February 2026 contract for the yellow metal also surged Rs 2,450, or 1.94 per cent, to touch a record of Rs 1,28,220 per 10 grams.
"Gold prices climbed to a record high as renewed US-China trade tensions exacerbated broader uncertainty, bolstering safe-haven demand, while the prospects of interest rate...