Gold prices continued their upward streak for the third consecutive session, reaching an all-time high of ₹89,796 per 10 grams on Thursday, driven by a strong global trend.

On the Multi Commodity Exchange (MCX), gold futures for April delivery surged to a record ₹89,796 per 10 grams in early trade. However, the prices later pared some gains, trading ₹268 or 0.3% higher at ₹88,870 per 10 grams, with a trading volume of 13,084 lots.

The rally in gold prices is attributed to global economic uncertainties, a weaker dollar, and increased demand for the precious metal as a safe-haven asset. Analysts suggest that strong investor sentiment and geopolitical concerns could continue to support gold prices in the near term.

Market experts recommend investors closely monitor global cues and central bank policies, as fluctuations in interest rates and inflation could influence future price movements.