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Gold prices today surge to record high, silver rates jump

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₹48,276 per 10 gram. Tracking gold, silver also posted strong gains. July silver futures on MCX rose 1.2% to ₹49,190 per kg.

Gold and silver prices had surged 1.2% and 1.5% in the previous session. In global markets, gold prices today hit a one-month high as a surge in coronavirus cases dented investor sentiment towards riskier assets.

Worries about a delay in global economic recovery prompted investors to seek the safe-haven metal. Spot gold was up 0.4% at $1,749.54 per ounce after earlier hitting $1,751 during the session.

US gold futures jumped 0.6% to $1,763.80 per ounce.Among other precious metals, silver gained 1% to $17.78 and platinum climbed 0.7% to $811.10.The World Health Organization or WHO on Sunday reported that global.

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