Tue Apr 22 10:00:00 UTC 2025: ## Gold Prices Hit Record High Amidst Global Trade War Fears

**Mumbai, India** – Gold prices soared to a record high of ₹100,000 per 10 grams on Tuesday, driven by escalating global trade war anxieties and speculation surrounding changes at the US Federal Reserve. This marks the fourth consecutive trading session of gains for the precious metal.

The surge in demand for gold as a safe haven investment followed hints from US President Donald Trump about potential changes to the Federal Reserve. On the Multi Commodity Exchange (MCX), August gold futures contracts jumped ₹2,048 (2.1%) to reach the unprecedented ₹100,000 mark during midday trading. The increase reflects growing investor concerns about global economic stability.

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