Ahead of Dhanteras, Gold prices surged by Rs 2,442 to touch an all-time high of Rs 1,32,294 per 10 grams in the domestic futures trade Friday, driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the US Federal Reserve.

On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery increased by Rs 2,442, or 1.88 per cent, to hit a lifetime high of Rs 1,32,294 per 10 grams.

Similarly, the February 2026 contract for gold futures rallied by Rs 2,927, or 2.23 per cent, to hit a fresh peak of Rs 1,34,024 per 10 grams, marking its sixth straight session of gains.

“Gold prices continue to surge, reaching new record highs as concerns about a potential credit crisis in the US outweigh optimism over

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