13 Oct 2025 | 5 Mins Read
Gold prices surge as China-US trade tensions escalate
Flipitmoney
MCX Gold December futures traded 1.62% up at ₹1,23,313 per 10 gms and MCX Silver December futures were up 3.44% at ₹1,51,577 per kg on Monday due to rising US-China tensions. Global spot gold reached a record high of $4,060 per ounce, and silver climbed to $51 per ounce. US President Trump hinted at a more conciliatory stance, while a 100% tariff on Chinese goods is expected to affect gold prices.