MUMBAI: Gold and silver prices climbed to fresh record highs on Monday as investors sought safe‑haven assets after US President Donald Trump threatened new tariffs on several European countries over a dispute tied to Greenland.
MCX gold February futures rose 1.68 per cent to Rs 1, 44, 905 per 10 grams, while MCX silver March futures rose 4.39 per cent to Rs 3, 00, 400 per kg.
Spot gold rose over 1.6 per cent to $4, 700 an ounce, before consolidating near $4, 670, testing lifetime highs after a sharp run-up.