Global bullion markets witnessed another rally on Monday, led by a weak U.S. dollar.

Gold futures surged past the $3,800 per ounce mark, setting a new all-time record high.

Silver futures also touched lifetime highs, reflecting strong demand for safe-haven assets.

Investors increased their bets on precious metals amid expectations of U.S. rate cuts.

The Federal Reserve is under pressure as inflation cools while growth slows.

In India, the rupee’s recent weakness added further support to local gold prices.

Retail demand for gold has been steady, boosted by the ongoing festive season.

Traders believe central banks are also diversifying reserves into gold.

Silver demand is rising due to industrial and green energy applications.

The outlook for both metals remains bullish as global uncertainty stays high