New Delhi, Dec. 24 -- Gold rate extended its record-breaking run during Wednesday's session, December 24, registering yet another historic high and marking the third consecutive day of fresh record levels. Renewed geopolitical tensions, particularly between the US and Venezuela, boosted demand for safe-haven assets.

A weakening US dollar, amid growing expectations of further monetary easing by the Federal Reserve next year, has also made precious metals less expensive for holders of other currencies.

The February futures contract on MCX advanced Rs.322 per 10 grams to a fresh peak of Rs.1,38,676, taking the month-to-date rally to 8% and the year-to-date gain to 80%. Meanwhile, silver futures for March rose Rs.4,777 per kilo to new high ...