Gold and silver prices have reached record high driven by investors' anticipation of a US Federal Reserve rate cut, festive demand and a declining dollar, analysts said on Tuesday.
In India, the price of 24-carat gold per gram ended at Rs 10,499 on Monday, according to data published by the India Bullion and Jewellers Association (IBJA). The 24-carat gold on MCX was priced at Rs 105,880 per 10 grammes, while silver was at Rs 1.05 lakh per kilogramme.