Gold Hits New Record: Ahead of Dhanteras and Diwali, the prices of gold has hit a new record. It seems the price of gold and silver is not going to show any sign of relief unendingly soon. During the festival season, gold has today set a new record on MCX Gold. Due to fresh deals by speculators tween strong spot demand, the price of gold in futures trading reached a record level of Rs 1,23,977 per 10 grams on Monday. Therefore, there is a rise of well-nigh Rs 2600 per 10 grams was recorded in gold today. According to the Bullion market experts, due to the re-escalation of US-China trade war, the ongoing deadlock in the US wardship and the increasing global economic uncertainty, the demand for unscratched investment has increased. Due to this, there has been a big rise in gold and silver.
On the Multi Commodity Exchange (MCX), gold prices for December wordage rose by Rs 2,613, or 2.15 per cent, to hit an all-time upper of Rs 1,23,977 per 10 grams. Gold contracts for February 2026 wordage rose by Rs 2,296, or 1.87 per cent, to hit an all-time upper of Rs 1,24,999 per 10 grams. Earlier, this contract had hit a new upper of Rs 1,25,025 per 10 grams on Thursday.
Silver price crosses Rs 1,52,000
Meanwhile, silver moreover saw significant rise in the price. Silver futures for wordage in December on the Multi Commodity Exchange (MCX) rose by Rs 5,856, or four percent, to Rs 1,52,322 per kg. It had touched an all-time upper of Rs 1,53,388 per kg on Thursday.
It is said that there is a possibility that the prices may rise remoter till Dhanteras-Diwali
