The metal has surged more than 65 per cent this year, supported by central bank purchases, ETF inflows, and strong safe-haven demand Newsmeter Network | Published on :

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New Delhi: Gold prices soared to an all-time high of Rs 1,32,294 per 10 grams on Friday, driven by safe-haven demand as investors weighed global economic uncertainties and expectations of US Federal Reserve rate cuts.

Silver also joined the rally, reaching record levels in domestic futures trade.

Gold futures surge to lifetime highs

On the Multi Commodity Exchange (MCX), December gold futures jumped Rs 2,442, or 1.88 per cent, to Rs 1,32,294 per 10 grams. The February 2026 contract rose Rs 2,927, or 2.23 per cent, to Rs 1,34,024 per 10 grams, marking its sixth straight session of gains.

“Gold

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