NEW DELHI, Sep 3: Gold prices surged Rs 1,000 to a record Rs 1,07,070 per 10g on Wednesday, driven by expectations of a US Fed rate cut, geopolitical tensions, and concerns over the US economy.
MCX and global prices also hit all-time highs. Analysts cite safe-haven demand, weakening dollar, and inflation concerns as key drivers; silver remained flat domestically but rose on MCX. (PTI)