Gold price today: The rates of gold jumped to a fresh record high on the MCX on Tuesday, September 30, driven by strong spot demand, hopes of a rate cut, and persisting geopolitical uncertainties. MCX Gold December futures hit a fresh record high of ₹1,17,375 per 10 grams. Around 9:15 am, MCX Gold traded 0.90 per cent up at ₹1,17,375 per 10 grams, while MCX Silver was 0.52 per cent up at ₹1,43,840 per kg.

Gold prices are surging on a confluence of positive triggers—expectations of further rate cuts by the US Fed, concerns over Trump’s tariff policies, the dollar’s decline, heavy buying by central banks, and strong demand from retail investors are among them.

(This is a developing story. Please check back for fresh updates.)