Gold Futures hit record as U.S. shutdown, Federal Reserve cut bets spur ‘safe-haven’ demand

Gold prices on Monday (October 6, 2025) surged by ₹1,447 to a new record of ₹1,19,560 per 10 gm in the domestic futures trade, lifted by safe-haven buying amid the prolonged U.S. government shutdown and growing bets on further Federal Reserve rate cuts. On the Multi Commodity Exchange (MCX), gold futures for December delivery appreciated…

Read More