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<h1>Currency depreciation drives gold to record highs as safe haven demand intensifies amid trade tensions and futures buying</h1> Gold reached fresh domestic all time highs as sustained buying and a weaker rupee pushed both spot and futures contracts to record levels, while silver showed divergent moves with spot easing but futures rising. The rally was driven by safe haven demand amid trade tensions and political uncertainty affecting monetary policy expectations; market participants flagged tariffs and currency depreciation as key catalysts and awaited inflation data to inform near term bullion sentiment.