Silver Surges to New Record High of Rs 2.05 Lakh/kg, Gold Nears All-Time High as Investors Flock to Safe-Haven Assets Amid Global Uncertainty
AI Summary1 min read
TL;DR
Silver hits a record high of Rs 2.05 lakh/kg, while gold nears its all-time peak as investors seek safe-haven assets amid global uncertainty, driving sharp gains in MCX futures.
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silvergoldMCXsafe-haven assetsglobal uncertainty
Gold and silver futures on MCX rose sharply, with silver reaching a new lifetime high of Rs 2,05,169/kg, up 3.75%, and gold quoting at Rs 1,35,129 per 10 grams, up 0.54%. Traders and investors are on edge as global and domestic cues drive momentum. The recent rally in bullion prices continues, with gold just Rs 367 away from its all-time high.
