Gold futures on the Multi Commodity Exchange (MCX) in India have surged to an all-time high of Rs 99,178 per 10 grams, surpassing the Rs 1 lakh mark in the retail market post-Goods and Services Tax (GST) implementation. The spike in prices can be attributed to various factors, including the ongoing global market uncertainty and a decline in the value of the dollar. In addition to gold, silver futures have also witnessed significant gains, further highlighting the precious metals’ appeal as safe-haven assets during times of economic turmoil. The bullish trend in the commodities market reflects investors’ growing interest in alternative investment options amid the current economic landscape. As uncertainties loom over the global economy, traditional safe-haven assets like gold and silver are proving to be attractive options for investors looking to safeguard their wealth. With the prices of these precious metals continuing to rise, market participants are closely monitoring the developments to capitalize on potential investment opportunities. The record-breaking performance of gold and silver futures underscores the strong demand for these commodities, signaling a bullish sentiment among traders and investors.