Gold, Silver Hit All-Time Highs in India Amid Global Rally, Rupee Weakness

• Gold and silver futures on MCX surged to all-time highs on Tuesday, January 27.
• Gold futures rose 2.4% to ₹1.59 lakh per 10 grams; silver jumped 6% to ₹3.54 lakh per kg.
• The rally is driven by strong gains in overseas markets and the Indian rupee's slide.
• Investors are seeking safe-haven assets due to escalating geopolitical tensions and trade uncertainty.
• Global spot gold traded near record levels, supported by expectations of steady US Fed interest rates and a weaker US dollar.

Why It Matters: Gold and silver prices in India reached record highs, fueled by global safe-haven demand and rupee depreciation.