Gold prices extended their winning streak for the fourth straight session this week, hitting fresh record highs in both domestic and global markets as investors continued to rush towards safe-haven assets amid expectations of US interest rate cuts and rising geopolitical tensions.

While the yellow metal continued to incline in the commodity market, the prices of gold in Mumbai also observed a decent hike. The yellow metal in Mumbai on Saturday has been priced at Rs 1,40,170 for 10 grams of 24-carat gold.