Gold hits record high on MCX at Rs 96,747/10g, silver climbs to Rs 95,730/kg amidst global tensions.

Gold prices in India hit an all-time high on the MCX, touching Rs 96,747 per 10 grams, as silver also surged to Rs 95,730 per kilogram. The rally was driven by factors such as the weakening US dollar, escalating US-China trade tensions, and worries regarding central bank independence. Globally, gold prices rose above $3,385 per ounce amidst heightened financial volatility.

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