Gold Hits Record Highs Amid Global Tensions; Other Precious Metals Soar

• Gold (MCX Feb futures) reached ₹1,38,676/10g, and international gold surpassed $4,500, driven by safe-haven demand.
• Silver (MCX March futures) hit ₹2,24,430/kg, with international silver crossing $70, showing even faster growth.
• Platinum and Palladium also achieved record highs, with Platinum at $2,378 and Palladium at $2,022, fueled by auto/tech demand and supply issues.
• Precious metals' surge is attributed to global tensions, a weak US dollar, and expectations of interest rate cuts.
• In 2025, silver rose 125-140%, platinum 162%, palladium 121%, and gold 63-80%, indicating strong annual performance.

Why It Matters: Precious metals are soaring to record highs, driven by global uncertainty and safe-haven demand.