Gold prices in India have soared to a record high of Rs 86,875 per 10 grams, propelled by heightened investor interest in safe-haven assets amidst escalating US trade tariffs and a sluggish global economy. Silver prices have also experienced fluctuations, closing at Rs 99,389 per kilogram. This surge in prices is largely attributed to market sentiments revolving around anticipations of a more dovish Federal Reserve stance and the prevailing volatility in the dollar index and US trade relations.