New Delhi, Jan. 20 -- Demand for safe-haven assets continues to remain strong as rising trade and geopolitical tensions worry investors, prompting increased allocation to precious metals and pushing prices to new historic highs.

February gold futures on MCX opened higher in today's session at Rs.1,45,775 per 10 grams, up from the previous close of Rs.1,45,639, and went on to hit a new record high of Rs.1,52,500 ( Rs.6,861 higher), crossing Rs.1.50 lakh for the first time and extending the winning run to a second consecutive session.

After rallying Rs.22,153 per kilogram in Monday's session, the silver March delivery futures contracts, too, strengthened further in Tuesday's trade, spiking another Rs.17,723 to register a historic peak of ...