New Delhi, Sept. 22 -- Gold and silver prices in your city on September 22: The price of gold prices surged to a record high, and silver prices also hit a fresh peak on Multi Commodity Exchange of India (MCX) today, backed by gains in international bullion prices and safe haven sentiment.

The MCX gold rate rallied as much as Rs.1,343, or 1.22 per cent, to a new high of Rs.1,11,166 per 10 grams, as against its last closing price of Rs.1,09,847. While the MCX silver price hit a fresh high of Rs.1,32,665 per kg, up 2.17 per cent, or Rs.2,827, from its previous close of Rs.1,29,838.

In the international markets too, gold prices surged to a record high after last week's US Federal Reserve's interest rate cut and signal of potential further e...