New Delhi, Dec. 12 -- Gold and silver are enjoying a dream run. Gold prices on the MCX hit a record high of Rs.1,34,966 per 10 grams, while MCX silver surged over the coveted Rs.2 lakh crore mark, hitting a record high of Rs.2,01,388 per kg during Friday's session.

Domestic spot gold prices have surged by nearly Rs.53,000, or almost 70%, this year till December 11th. Spot silver, on the other hand, has soared by over Rs.1,02,500, or nearly 120% in the same period.

Gold and silver have been driven by a confluence of factors this year. While macroeconomic uncertainties, emanating from geopolitical tensions and US tariffs, drove investors to safe-haven gold, silver jumped due to tight supply and increased industrial demand from sectors suc...