Gold prices reached an all-time high in India, with the Multi Commodity Exchange recording a new high of Rs 76,899 per 10 grams. The surge can be attributed to factors such as dovish central bank stances, lower bond yields, and escalating geopolitical tensions. Analysts predict that the Federal Reserve will cut rates in its remaining decisions this year. Gold prices also hit record highs globally, driven by uncertainty surrounding the US presidential election and the conflict in the Middle East. The accommodative monetary policy environment further contributed to the elevated prices.