MCX Gold Hits Record ₹1,38,496 Amid Geopolitical Tensions
MCX gold futures surged over ₹1,700 to reach a new record high of ₹1,38,496 per 10 grams on December 23, 2025. This rally was primarily driven by escalating geopolitical tensions and expectations of interest rate cuts by the US Federal Reserve, significantly boosting safe-haven demand for precious metals.
- MCX gold futures set a new record high of ₹1,38,496 per 10 grams.
- The price jumped by ₹1,752 in a single trading session.
- Geopolitical tensions and US Fed rate cut expectations fueled the rally.
- Silver prices also mirrored the strength, hitting new record highs.
- The ongoing US-Venezuela conflict contributed to safe-haven demand.
- Gold has seen an 80% year-to-date rally by December 23, 2025.
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