Gold rate today: MCX Gold touches new record of Rs 1,20,900 per 10 grams; why are gold prices rising?

Gold rate today: Gold futures hit a new record of Rs 1,20,900 per 10 grams on Tuesday, driven by global economic and political uncertainties in the US and anticipated Federal Reserve rate cuts. Silver futures also saw an increase, trading near their peak. Central bank gold acquisitions further supported the surge in precious metal prices.

Gold rate today: MCX Gold touches new record of Rs 1,20,900 per 10 grams; why are gold prices rising?
Gold rate today: Gold futures hit a new record of Rs 1,20,900 per 10 grams on Tuesday, driven by global economic and political uncertainties in the US and anticipated Federal Reserve rate cuts. Silver futures also saw an increase, trading near their peak. Central bank gold acquisitions further supported the surge in precious metal prices.