Prices surge for ninth straight session; silver also touches new highs amid dovish Fed outlook and weak bond yields

xNew Delhi: Gold prices on Wednesday rallied Rs 1,109 to a new record high of Rs 1,22,220 per 10 grams in the domestic futures market as investors flocked to safe-haven assets amid escalating global economic uncertainties and a dovish outlook from the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures for December delivery surged Rs 1,109, or 0.91 per cent, to hit an all-time high of Rs 1,22,220 per 10 grams. Extending gains for the ninth straight session, the February 2026 contract for gold futures also climbed Rs 1,085, or 0.88 per cent, to reach a lifetime high of Rs 1,23,469 per 10 grams. Silver futures too witnessed strong buying interest on MCX. T

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