Gold Rate Today LIVE Updates: Gold prices scaled an all-time peak on Tuesday, as global geopolitical uncertainties exacerbated by rising trade tensions lifted demand for the safe-haven asset. MCX gold prices surged to a record high of above ₹88,600 level, tracking international bullion prices that extended its historic run above the $3,000 mark. Spot gold prices hit a record high of $3,018.66, while US gold futures were around $3,027.

Gold rates have rallied more than 14% year-to-date (YTD) amid geopolitical instability. Since US President Donald Trump took office in January, the yellow metal prices have hit a record high 14 times as economic concerns due to his tariff war boosted demand. Meanwhile, the US dollar wallowed near a four-month trough, making gold cheaper for overseas buyers.

Moreover, tensions flared in the Middle East again after Israeli air strikes on Gaza, supporting the gold prices. Investors will now watch out for the US Federal Reserve policy and interest rate decision this week. Stay tuned to our Gold Rate Live blog for the latest updates on yellow metal prices.