Gold prices surged to a fresh record high in domestic futures trade on Monday, driven by renewed US-China trade tensions, the prolonged US government shutdown, and heightened global economic uncertainty that lifted safe-haven demand.
On the Multi Commodity Exchange (MCX), December gold futures jumped Rs 2,613 (2.15%) to an all-time high of Rs 1,23,977 per 10 grams.
Similarly, the February 2026 contract rose Rs 2,296 (1.87%) to trade near its lifetime peak of Rs 1,24,999 per 10 grams, after touching a record Rs 1,25,025 per 10 grams on Thursday.