Surge in Gold and Silver Prices Amid Global Uncertainty
Significant Rise in Precious Metal Prices
New Delhi, January 5, 2026: The first week of the new year has witnessed a substantial increase in the prices of gold and silver. This surge is attributed to global market uncertainties, heightened demand for safe investments, and geopolitical tensions. By 11 AM, gold prices on the MCX had risen by approximately ₹1,600 per 10 grams, while silver saw a remarkable jump of ₹7,000 per kilogram.
Current Gold Prices
Gold Price Today: The price of 24-carat gold has reached around ₹1,37,325 per 10 grams. During the trading session, gold fluctuated between a low of ₹1,36,300 and a high of ₹1,38,200 per 10 grams. Experts indicate that gold is trading at approximately $4,360 per ounce in the international market, positively impacting domestic prices.
Current Silver Prices
Silver Price Today: Silver has experienced an even more significant increase. Today, the price of silver has surged to ₹2,40,900 per kilogram, reflecting a substantial rise within a single day. Driven by industrial demand and investor interest, silver has outperformed gold.
Prices in Major Cities
Today's Prices (24-Carat Gold per 10 Grams, Estimated)
- Delhi: ₹1,37,500
- Mumbai: ₹1,37,400
- Chennai: ₹1,37,800
- Kolkata: ₹1,37,250
- Ahmedabad: ₹1,37,580
- Bengaluru: ₹1,37,430
(Note: Local taxes and making charges may cause slight variations in city prices. Silver prices across the country are approximately ₹2,40,900-₹2,41,000 per kilogram.)
Market Outlook
Experts believe that the upward trend in both gold and silver may continue throughout 2026, as investors are increasingly turning to these metals as safe options. If you are considering purchasing jewelry or investing, today could be a beneficial opportunity.