Gold and Silver Prices Surge to Record Highs Amid Geopolitical Tensions and Economic Uncertainty

Gold and silver prices have seen significant fluctuations, with both metals reaching record highs driven by geopolitical tensions and safe-haven demand. While gold futures eased slightly after hitting all-time peaks, silver continued its surge, setting new lifetime highs on MCX and in domestic markets. This rally is attributed to escalating global conflicts, particularly concerning Iran, and softer US inflation data reinforcing interest rate cut expectations, though some profit-booking has also occurred.