Gold futures hit a fresh record as geopolitical tensions simmer and economic uncertainty mounts, and they look set to climb even higher.

Gold is at a new record high, but you can rest assured that once it hits its peak it will probably back off of it,” Jim Wyckoff, senior market analyst at Kitco Metals, told A

Year to date, gold is up 29.71% as of 9 a.m. ET. The 52-week intraday high reached $2,688.81 on Oct. 17, 2024, and the 52-week intraday low dropped to $1,911.85 on Oct. 17, 2023.

The price of gold has surpassed yet another price record. Here's why you shouldn't wait any longer to get invested.

The price of gold traded at $2,681.81 per troy ounce, as of 9 a.m. ET. That’s up 1.26% from yesterday’s gold price per ounce and up 29.79% since the beginning of the year. The lowest trading price within the last 24 hours: $2,646.14 per ounce. The highest gold spot price in the last 24 hours: $2,685.27 per ounce.

Gold hits record high at $2,696.62 amid global uncertainty. Geopolitical tensions, U.S. election, and Fed easing fuel surge. Investors flock to gold as safe haven.

Silver traded at $31.68 per ounce as of 9 a.m. ET. That represents a decrease of 0.75% over the past 24 hours. Year to date, silver is up 32.42%. On the last day, it has reached a low of $31.37 and a high of $32.

The price of 10 gm of 24 carat gold is Rs. 78073.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100000.0/Kg in Delhi.