Gold, silver continue touching new highs amid rising geopolitical tensions

 

The gold prices surged over 0.5 per cent to record highs on Friday, due to rising geopolitical tensions and expectations for more US rate cuts next year.

MCX gold February futures rose 0.72 per cent to a record Rs 1,39,091 per 10 grams, while MCX silver March futures jumped 3.56 per cent to a record Rs 2,31,759 per kg, as of 10.10 am. Earlier in the day, silver futures had touched an intraday high of Rs 2,32,741 per kg.

Source: bhaskarlive.in