Gold and silver prices have soared to unprecedented levels, driven by geopolitical tensions and safe-haven demand. On January 21, 2026, gold hit ₹1.54 lakh per 10 grams, while silver touched ₹3.25 lakh per kilogram in India. Analysts highlight strong investor sentiment, a weaker US dollar, and bullish long-term fundamentals.
Precious metals are witnessing a historic rally as investors flock to safe-haven assets amid escalating global tensions and trade disputes. Gold and silver prices in India surged to record highs on January 21, 2026, reflecting both international market trends and domestic demand.
Market experts attribute the surge to heightened geopolitical risks, a softer US dollar, and strong investor appetite for commodities. While short-term volatility is expected, analysts believe the medium- to long-term outlook for both metals remains positive, supported by inflationary pressures and infrastructure-driven demand.
Key Highlights
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Gold Prices: 24-carat gold reached ₹1.54 lakh per 10 grams in India.
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Silver Prices: Silver soared to ₹3.25 lakh per kilogram, crossing the ₹3 lakh mark decisively.
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Global Benchmarks: Gold topped $4,700 per ounce; silver surged past $95 per ounce globally.
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Drivers: Rising geopolitical tensions, US–Europe trade disputes, and a weaker dollar boosted safe-haven flows.
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Outlook: Analysts expect continued bullish sentiment, though caution is advised due to potential short-term corrections.
This rally underscores the enduring appeal of precious metals as a hedge against uncertainty, inflation, and currency fluctuations.
Sources: CNBC-TV18, ABP Live, Mathrubhumi, The Hindu Business Line, Finance Magnates