New Delhi, Jan. 14 -- It was yet another record-breaking day for both gold and silver, as investor demand for these precious metals remained strong as intensifying tensions in the Middle East boosted the appeal of safe-haven assets, keeping the bullish momentum intact from last year's stellar run.

The February gold futures on MCX opened lower at Rs.1,40,501 per 10 grams, down from the previous close of Rs.1,42,241, but gained momentum to hit a fresh record high of Rs.1,43,590 ( Rs.1,349 higher), crossing Rs.1.43 lakh for the first time, and remained higher for the fourth day in a row.

Silver prices, too, extended their winning run to the fourth day, with March silver contracts on MCX gaining another Rs.16,219 per kilogram to reach yet a...