Gold futures shatter Rs 1.5 lakh/10g barrier; silver hits record Rs...

Key Highlights

• Silver, too, continued its blistering rally for the second straight session, appreciating by Rs 17,723, or nearly 6 per cent, to hit a new record of Rs 3,27,998 per kilogram on the MCX.
• The white metal had breached the Rs 3 lakh milestone on Monday, before closing at Rs 3,10,275 per kg.
• Over the last two trading sessions, silver has zoomed by Rs 32,187, or 11.18 per cent, from Rs 2,87,762 per kg recorded on January 16.
• “Gold and silver prices surged to fresh record highs across global and Indian markets on Tuesday, driven by strong safe-haven demand amid rising geopolitical tensions and fears of a potential US-EU trade war,” Gaurav Garg, Research Analyst at Lemonn Markets Desk, said.
• In the international market, Comex gold futures for February delivery climbed by USD 147.5, or 3.21 per cent, to hit a record of USD 4,742.9 per ounce.