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 tremendous surge as soon as the market opened, and the price of one kilogram of silver crossed ₹300,000 for the first time in history.
On MCX, the March futures contract for silver rose by ₹13,550, or more than 5 percent, reaching an all-time high of ₹301,315 per kilogram. Gold also followed suit, reaching a new peak with a sharp increase.
Silver Jumps by Over ₹65,000 in January
After showing strong gains in 2025, silver has started 2026 with record-breaking momentum. So far in January, the price of silver has increased by ₹65,614 per kilogram. While the price of one kilogram of silver was ₹235,701 on December 31, 2025, it has now reached a historic level of ₹301,315 per kilogram.
Gold Also Sees a Sharp Rise, Becomes Nearly ₹3,000 More Expensive in One Go.
Gold prices have also shown a similar sharp increase. The February futures contract for gold on MCX closed at ₹142,517 per 10 grams last Friday, but as soon as trading began on Monday, it reached a new record level of ₹145,500 per 10 grams. This means a surge of approximately ₹2,983 was recorded in a single session.
Looking at the figures since the beginning of the year, the price of 10 grams of gold was ₹135,804 on December 31, 2025. Based on the current level, gold has become ₹9,696 per 10 grams more expensive so far.
Reasons for the Rise in Gold and Silver Prices
According to market experts, US President Donald Trump's tariff threat regarding Greenland has increased geopolitical tensions globally. In this climate of uncertainty, investors are turning to safe investment options, which is directly benefiting the prices of gold and silver.
Gold Silver Price Today: The downward trend continues in the bullion market; silver falls by ₹16,000, and gold becomes ₹3,400 cheaper.
Gold and silver prices continue to fluctuate. Gold has become cheaper by up to ₹3,400, while silver has seen a decline of up to ₹16,000. The period of price volatility continues.
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