Gold Price Today: Gold and silver prices stunned markets on Tuesday as both precious metals surged to historic highs, driven by strong demand and rising global uncertainty.
In the Delhi bullion market, 24-carat gold crossed the crucial ₹1.5 lakh per 10 gram level for the first time, jumping sharply in a single session. At the same time, silver delivered a spectacular rally, recording one of its biggest daily gains ever.
Gold Prices Surge Sharply
Gold prices rose by ₹5,100 per 10 grams to settle at ₹1,53,200, compared with ₹1,48,100 in the previous session, according to the All India Sarafa Association. Since the start of January 2026, the yellow metal has gained more than 11%, reflecting increased investor interest in safe-haven assets.
Silver Steals the Spotlight
Silver prices skyrocketed by ₹20,400 per kg, reaching a new lifetime high of ₹3,23,000 per kg. In just two sessions, the metal has surged by ₹30,400, taking its January gains to over 35%.
Global Markets Add Fuel
The rally was supported by strong global cues. Spot gold crossed $4,700 per ounce for the first time, while spot silver climbed to a fresh peak near $96 per ounce in international markets.
Experts say the surge is being fueled by geopolitical tensions, a weaker US dollar, and growing demand for safe-haven investments.
MCX Futures Hit Record Levels
- Gold futures (February) touched a record ₹1,52,500 per 10 grams on MCX
- Silver futures (March) surged to ₹3,27,998 per kg, also an all-time high
With volatility rising across global markets, bullion prices may remain in focus. Currency movements, geopolitical developments, and central bank cues are expected to drive the next move.
Disclaimer: This article is for informational purposes only. Prices of gold and silver may change rapidly based on market conditions. The publisher does not guarantee accuracy and is not responsible for any financial losses.
Yogesh Kolhe is a market and business news author with a focus on the automobile sector and gold and silver price movements, offering readers practical insights into industry and market trends.
