Futures advanced to near record high

Gold prices climbed Rs 572 to trade close to record levels at Rs 1,09,553 per 10 grams in the domestic futures market, tracking a strong global trend and firm investor demand.

The most traded October delivery jumped 0.52 per cent in a business turnover of 16,533 lots. Silver scaled uncharted territory and surged Rs 1,668 to hit a fresh peak of Rs 1,30,000 per kilogram in the domestic futures market for the first time, as investors rushed to the white metal on strong bets of a US Federal Reserve rate cut next week. Silver futures for March next year delivery soared 1.3 per cent