Gold surged to a record ₹1.27 lakh per 10 grams on MCX, tracking global gains as US-China tensions and hopes of Fed rate cuts boosted safe-haven demand. Silver also rose, while global gold hit near-record highs.
Gold prices are set for a continued surge, with experts predicting Rs 1.3 lakh per 10 grams this Dhanteras and Rs 1.5 lakh by 2026, driven by global economic uncertainty, US-China tensions, central bank buying, and expectations of interest rate cuts.
