Gold prices in India hit an all-time high on the Multi Commodity Exchange (MCX), with rates touching Rs 96,747 for 10 grams, while silver prices also saw a significant rise to Rs 95,730 per kilogram. The surge in prices can be attributed to various factors including the depreciation of the US dollar, increasing trade tensions between the United States and China, and apprehensions regarding the independence of central banks. This uptick in the precious metals market comes amidst global financial instability, with international gold prices crossing $3,385 per ounce. Investors are turning to safe-haven assets like gold and silver as uncertainties loom over the global economy. The current scenario has created a bullish trend in the commodity market, with many experts predicting further increases in the prices of gold and silver. Stay updated with the latest developments in the market to make informed investment decisions during these turbulent times.