Gold price today, Jan. 27 -- Gold rates jumped to their fresh record highs in the domestic futures market on Tuesday, January 27, morning as persisting geopolitical risks continued driving investors to safe-haven assets, while the dollar's weakness and expectations of rate cuts by the US Federal Reserve added fuel to the rally in the yellow metal.

MCX gold February futures surged by nearly Rs.4,000, or more than 2.4%, to Rs.1,59,820 per 10 grams, while MCX silver March futures surged by more than Rs.25,000, or 7.5%, to a record high of Rs.3,59,800 per kg.

International gold prices also hovered near record highs, supported by geopolitical uncertainties and the dollar's fall against its peers.

US gold futures April contracts rose by a pe...