<h1>Surging gold and silver prices hit record highs, prompting regulator scrutiny over market conduct, hoarding and disclosure rules</h1> Gold and silver prices rose sharply over three days, with gold reaching record highs of Rs 126,600 and Rs 126,000 per 10 grams for 99.9% and 99.5% purity respectively, and silver nearing record levels at Rs 157,000 per kilogram, driven by global risk-aversion amid a US government shutdown and geopolitical tensions. The report notes strong overseas spot gains. Legal considerations may include market conduct and surveillance by regulators, potential anti-hoarding or consumer-protection scrutiny, impact on import duty and taxation revenues, and disclosure obligations for market intermediaries amid volatile precious-metal trading.