Gold and silver reached new all-time highs in the international market on Friday. A weaker US dollar, rising geopolitical tensions, and concerns about the independence of the US central bank (Federal Reserve) led investors to seek safe-haven assets, resulting in a sharp surge in the prices of precious metals.
International Market Overview
In early trading on Friday, the price of gold crossed $4,960 per ounce and was on track for a gain of more than 7% for the week. Silver also reached a record level of nearly $97 per ounce. Gold was trading up 0.5% at $4,959.39 per ounce, and silver jumped 0.7% to $96.91 per ounce.
According to analysts, increasing pressure from the US president on the Federal Reserve, tensions in regions like Venezuela, Iran, and Greenland, and global uncertainty have increased demand for safe-haven investments. Investors are shifting towards tangible assets like gold and silver instead of bonds and currencies, a phenomenon known as the "debasement trade" in the market. This is an investment strategy where investors put money into assets with limited supply, such as gold, silver, Bitcoin, and other commodities, to hedge against the devaluation of fiat currencies (such as the dollar and euro) and government bonds.
Record Highs in the Domestic Market
The surge was also reflected in the Indian market. On MCX, the price of gold jumped nearly 4% on Thursday, closing at ₹1,56,540 per 10 grams and reaching a record high of ₹1,57,086. Silver rose 0.87% to close at ₹3,26,500 per kg, while its lifetime high was ₹3,35,521 per kg.
Why the Surge After a Recent Dip?
Gold and silver had also witnessed a sharp one-day decline recently. This was due to the US president adopting a softer stance on tariffs against Greenland and European countries, which increased risk appetite in the market and reduced demand for safe-haven investments. However, strong US economic data, a weaker dollar, and ongoing geopolitical tensions have once again pushed gold and silver prices higher.
Sanjay Leela Bhansali will make history at the Republic Day Parade 2026, as for the first time in 77 years, a tableau representing Indian cinema will be featured.
What hasn't happened in 77 years is now about to happen. This year, Indian cinema is going to make history at the Republic Day Parade (Republic Day Parade 2026), and this feat will be accomplished by
All BMC election results declared; BJP-Shinde alliance secures a clear majority; Raj Thackeray's MNS trails even behind Owaisi's party.
The election results for all 227 wards of the Brihanmumbai Municipal Corporation (BMC) in Mumbai have been declared. The BJP has made history by emerging as the single largest party in these
PM Modi will flag off the first sleeper Vande Bharat train today; the 958 km Howrah-Guwahati distance will now be covered in just 14 hours.
Prime Minister Narendra Modi will flag off India's first Vande Bharat sleeper train today (January 17, 2026) in Malda, West Bengal. The train will run between Howrah (Kolkata) and Guwahati (Kamakhya),
BMC Mayor: The power struggle between BJP and Shiv Sena continues, Shinde insists on the mayor's post for one year; decision to be made in Delhi.
Amidst the ongoing power struggle between the ruling BJP and Shiv Sena over the Mumbai mayoral post, Deputy Chief Minister Eknath Shinde has insisted on a one-year term for the mayor, citing the birth
Winter returns to Delhi-NCR!: Heavy rains bring down temperatures, reduce pollution, and cause darkness; see pictures.
Rainfall in Delhi-NCR since Friday morning has suddenly changed the weather. Strong winds accompanied by thunderstorms are lashing Noida and the surrounding areas, causing a drop in temperature. The
VB-G RAM G Act Row: 'Congress is spreading lies about the law'; Why did Shivraj make these allegations amidst the dispute over MNREGA?
Union Rural Development Minister Shivraj Singh Chouhan on Monday launched a sharp attack on Congress leaders Mallikarjun Kharge and Rahul Gandhi, accusing them of spreading misinformation about the
Gold-Silver Price: Silver crosses Rs 3 lakh per kg, gold also reaches record highs; know the latest from the bullion market.
All predictions about a fall in gold and silver prices are proving wrong. Both precious metals are continuously setting new records. On Monday, the first trading day of the week, silver showed a
Haridwar: Entry of non-Hindus is prohibited, and making reels is also strictly forbidden... Boards have been put up at various places on Har Ki Pauri.
Boards have been put up at various places on Har Ki Pauri in Haridwar, clearly stating that entry is strictly prohibited for non-Hindus. In addition, flying drones is prohibited in the Har Ki Pauri
'It's an honor for me,' Trump was thrilled after receiving the Nobel Peace Prize from Machado.
US President Donald Trump had expressed his desire to win the Nobel Prize on several occasions. Trump finally received a Nobel Prize, albeit indirectly. Venezuelan opposition leader Maria Corina
Gold Silver Price Today: Amidst fluctuations in the stock market, gold and silver continue to shine; know the latest from the bullion market.
The upward trend in gold and silver prices continued on January 21, 2026. After a tremendous surge in 2025, gold and silver are once again outperforming many stocks in the stock market in terms of
