Gold and Silver Soar to Record Highs: Buy, Sell, or Hold?

• Gold futures on MCX surpassed ₹1.5 lakh per 10 grams for the first time, with February delivery rising 4.7% to ₹1,52,500.
• Silver prices for March delivery on MCX hit an all-time high of ₹327,998 per kilogram, increasing by 6%.
• International gold prices on COMEX exceeded $4,700 per ounce, and silver reached approximately $95 per ounce.
• Geopolitical tensions, potential trade wars, and global economic uncertainty are driving investors to safe-haven assets.
• Indore's local market saw gold rise by ₹4,500 per 10 grams to ₹1,52,500 and silver by ₹25,000 per kilogram to ₹3,12,500.

Why It Matters: Gold and silver prices are at record highs due to global uncertainty, prompting investors to weigh their options.