New Delhi, Sept. 22 -- Gold prices surged to a record high, while silver prices also hit a fresh peak on Multi Commodity Exchange of India (MCX) on Monday, tracking gains in international bullion prices, amid safe-haven buying.

MCX gold rate rallied as much as Rs.1,343, or 1.22%, to a new high of Rs.1,11,166 per 10 grams, as against its Friday's closing price of Rs.1,09,847 level. MCX silver price also hit a fresh high of Rs.1,32,665 per kg, jumping by 2.17%, or Rs.2,827, from its previous close of Rs.1,29,838.

"Gold prices remain near record highs as markets await fresh directional cues. With the auspicious beginning of Navratri starting today, domestic markets may hope to see some buying traction, especially after the recent minor cor...