Gold prices in India hit a record high on Monday, crossing Rs 97,000 per 10 grams in futures trade, driven by strong local demand. The surge was attributed to escalating tariff tensions, worries about the US economic outlook, and the US debt crisis. Internationally, gold futures also reached unprecedented levels, buoyed by a weakening US dollar and increasing trade tensions between the US and China. This spike in gold prices has caught the attention of investors and market analysts, with many closely monitoring the situation for further developments. The precious metal has long been considered a safe-haven asset during times of economic uncertainty, making it a popular choice for investors looking to hedge their portfolios. As the global economic landscape remains volatile, gold is likely to remain in focus as investors seek stability in uncertain times.