Mumbai/IBNS, Jan. 21 -- Gold prices on Wednesday surged to an all-time high, extending gains from the previous session, amid rising global uncertainty, media reports said.

Adding to the uncertainty, fresh geopolitical tension emerged after Trump threatened to take over Greenland, triggering resistance from European nations.

Mirroring global trends, domestic gold prices crossed Rs.1.55 lakh per 10 grams, while silver climbed above Rs.3.25 lakh per kg.

In the Mumbai spot market, 24-carat gold touched a record high of Rs.1,54,800 per 10 grams. The price of 22-carat gold stood at Rs.1,41,900 per 10 grams, excluding GST.

On the international front, gold prices surged past $4,800 per ounce, setting a fresh global record.

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