MCX Gold December futures surged to a new all-time high of ₹1,26,930 during afternoon trade around 2 PM, reflecting strong bullish sentiment in precious metals. The rally comes amid rising geopolitical tensions and renewed expectations of interest rate cuts by major central banks, which have fueled investor demand for safe-haven assets. A weaker dollar and firm global gold prices have also supported the upward momentum. Domestically, festive and wedding season demand continues to lend strength to gold prices. Traders are closely watching global cues, especially from the U.S. economic data and bond yield movements, for the next directional move. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes ***** must verify information before investing and consider their financial position & risk profile

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