MCX Gold Hits Record ₹1.52 Lakh on Geopolitical Fears
MCX gold futures surged to ₹1.52 lakh per 10 grams on August 10, 2026, while silver prices climbed to ₹2.34 lakh per kilogram.
The upward trend in precious metals is attributed to safe-haven demand amidst geopolitical tensions near the Strait of Hormuz.
Despite global gold prices showing weakness, Indian investors are focusing on domestic factors and currency movements for price discovery.