Gold price today, Feb. 10 -- The price of gold has been breaking record after record this year, continuing its unwavering rally from the previous calendar year without any significant pullbacks. The yellow metal, which is seen as the safest investment, has been drawing support from all market participants, including investors, central banks, and retail investors, leading it to see one of the best record rallies after the COVID-19 pandemic.

In just under two months of the current calendar year, spot gold prices have already hit 10 record highs, with the latest peak reaching $2,886 per troy ounce in the previous trading session, bringing year-to-date (YTD) gains to 10%. In the domestic market, gold prices surged past Rs.85,000 per 10 grams...