London: Gold prices have climbed to record highs globally, supported by safe-haven buying amid geopolitical tensions and economic uncertainty. Silver, too, has joined the rally, reflecting strong investor appetite for precious metals as central banks signal possible rate cuts.
In India, the surge coincides with the festive season, further strengthening retail demand. Bullion dealers report brisk sales as consumers seek both cultural and financial security in gold purchases. Internationally, central banks are adding to reserves, while institutional investors are turning back to gold ETFs as a reliable hedge.
The precious metals rally is now being viewed as one of the defining market trends of the year, offering stability in a time of global volatility.