Gold prices in India witnessed a sharp increase, reaching over Rs 97,000 per 10 grams in futures trade on Monday. The surge was attributed to strong domestic demand and various global factors such as escalating tariff tensions, worries about the US economic situation, and the US debt crisis. Internationally, gold futures also touched unprecedented levels, influenced by a declining US dollar and increasing trade tensions between the US and China. These developments have propelled gold to new heights, making it an attractive investment option for many. Investors are closely monitoring the market as the precious metal continues to display bullish momentum.