Gold prices climbed to fresh record levels as rising geopolitical risks, pressure on the US Federal Reserve, and a weak dollar intensified the global shift towards safe-haven assets. Investors moved away from sovereign bonds and major currencies, driving strong buying interest in gold and silver across international and Indian markets.
On MCX, gold held firmly above critical support zones, supported by bullish technical indicators and sustained demand. Analysts highlight geopolitical uncertainty in regions such as Venezuela, Iran and Greenland, along with rising global debt and central bank accumulation, as key factors underpinning the rally.
While the broader outlook for gold remains firmly bullish, market experts caution against chasing prices at record highs. Instead, they recommend tracking key technical levels, focusing on long-term diversification, and aligning precious metal investments with overall financial goals and risk tolerance.