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Precious Metals Preview: COMEX gold accelerates to new lifetime highs; MCX gold surges over 2% above Rs 154000 per 10 grams
21-Jan-2026 09:19

COMEX gold futures continue to accelerate gains to hit yet new fresh lifetime highs amid escalating trade tensions between US and EU. President Donald Trump, attending the World Economic Forum in Davos, reportedly remained firm on his plan to acquire Greenland. US President Donald Trump said there is 'no going back' on his ambitions regarding Greenland, alongside earlier threats to impose new 10% tariffs on eight European Union (EU) countries, fuelling concerns over slower economic growth. The yellow metal is currently quoting at $4843.60 an ounce, up 1.63% on the day, hovering at fresh lifetime highs. On the MCX, gold futures are hovering above Rs 154000 per 10 grams, up over 2% on the day.

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