Gold prices reached a new record high of Rs 1,27,500 per 10 grams on the MCX (December contract) during early Wednesday trading, driven by safe-haven demand amidst geopolitical uncertainty and anticipated US rate cuts. The precious metal was trading at Rs 1,26,798, showing an increase of Rs 542 or 0.43% from the previous session. Analysts, quoted by PTI, said investors moved toward safe-haven assets as renewed geopolitical and trade tensions weighed on the global economic outlook. Market sentiment also improved after Federal Reserve Chair Jerome Powell signaled the possibility of monetary easing later this year. Spot gold increased 0.4% to $4,155.99 per ounce at 0032 GMT, while US gold futures for December delivery rose 0.3% to $4,174.30. The non-interest-bearing bullion, consider

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