Gold rate today: Prices hit record Rs 1,19,500/10g; geopolitical worries drive demand

Gold prices in India touched a fresh all-time high of Rs 1,19,500 per 10 grams, fueled by strong global trends and safe-haven buying amidst geopolitical and economic uncertainty. Analysts attribute this surge to bullish international markets and expected US Federal Reserve rate cuts, with prices potentially crossing $4,000 per ounce soon.