Gold surges to record high: October futures hit Rs 1.07 lakh on MCX — time to invest?

Gold futures have surged to a record high of Rs 1,07,807 per 10 grams on the MCX, driven by global economic uncertainty and central bank purchases. Anticipated Federal Reserve rate cuts and ongoing tariff concerns are fueling safe-haven demand. Analysts remain optimistic, noting key support levels that could lead to further gains.

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