Archive · 31 Jan 2026
Gold and Silver Prices Surge
Gold and silver prices went up a lot on Thursday.
Silver reached a new high of Rs 4,07,456 per kg, and gold reached Rs 1,80,000 per 10 grams.
This happened because many people wanted to buy these metals, and prices were also going up in other countries.
Silver prices went up by Rs 22,090, which is a big increase.
Experts say that silver is used in many things like solar panels and electronics, so people want to buy it.
But the price went up too fast, and now it might go down quickly.
Gold is also going up, but it's more stable than silver.
People should think about having more gold than silver in their investments.
However, jewellers are having a hard time because the prices are changing so fast.
They are not taking advance orders and are asking for full payment upfront.
The prices have been going up because of problems in the world, like fights between countries and uncertainty about money.
Some people think gold and silver will keep going up, but others think it might be a good time to sell.
Gold and silver prices reached record highs on Thursday, with silver hitting Rs 4,07,456 per kg and gold touching Rs 1,80,000 per 10 grams.
The surge in prices was driven by strong investor demand, geopolitical uncertainties, and gains in international markets.
Silver futures for March delivery increased by Rs 22,090, or 5.73%, while gold prices also saw significant gains.
Jewellers are facing operational challenges due to extreme volatility, leading to deferred purchases and renegotiated orders.
Global gold demand reached a new all-time high of 5,002 tonnes in 2025, driven by safe-haven and diversification factors.
- Who
- Investors, market analysts, jewellers, and traders
- What
- Gold and silver prices surged to record highs
- When
- Thursday, January 29, 2026
- Where
- Global markets and Multi Commodity Exchange (MCX)
- Why
- Strong investor demand, geopolitical uncertainties, and gains in international markets
Investors and Analysts
Jewellers and Traders
Market Sentiment
Investors and Analysts
Investors see gold and silver as safe-haven assets amid global uncertainties and geopolitical tensions, driving strong demand and price surges.
Jewellers and Traders
Jewellers and traders face operational challenges due to extreme volatility, making it difficult to manage inventory, quote prices, and secure orders.
Price Volatility
Investors and Analysts
Analysts attribute the price surge to strong investor demand, global market gains, and geopolitical factors, suggesting continued upward momentum.
Jewellers and Traders
Traders and jewellers struggle with rapid price fluctuations, leading to deferred purchases, renegotiated orders, and increased working capital requirements.
- Silver Price High
- Rs 4,07,456 per kg (MCX, March delivery)
- Gold Price High
- Rs 1,80,000 per 10 grams
- Silver Price Change
- Rs 22,090 (5.73%) increase
- Silver Price Range
- Rs 3,64,821 to Rs 4,07,456 per kg
- Gold Price Range
- Rs 1,73,750 to Rs 1,80,000 per 10 grams
- Silver Demand Drivers
- Investor demand and international market gains
- Gold Demand Drivers
- Investor demand and international market gains
- Global Gold Demand
- 5,002 tonnes in 2025 (new all-time high)
- India's Gold Demand
- 710.9 tonnes in 2025 (11% decline)
- Gold Imports
- 27.4% increase (YoY)
Sources
Silver Prices See High Intraday Volatility
Gold or silver? Silver’s surge in 2026 may be screaming caution for investors, says report
Silver At Record High Of Rs 3.85 Lakh Per Kg; Gold Hits All-Time High
Silver rate today jumps 4% to cross ₹4 lakh for first time ever as US-Iran tensions rise
Silver prices breach Rs 4 lakh per kg mark in futures trade
Silver prices breach Rs 4 lakh per kg mark, gold hits record Rs 1.8 lakh in futures trade amid strong global cues
Silver breaches Rs 4 lakh/kg mark; gold at record high
Silver outshines gold: White metal surges 74% to Rs 4 lakh in January; key reasons
Why are gold and silver prices going through the roof?
Silver futures soar over ₹4 lakh a kg in India as precious metals continue to rally
Silver crosses Rs 4 lakh/kg mark in Delhi; gold hits new record of Rs 1.83 lakh/10g
Gold, silver may continue to rally on sustained demand, as have investments, says Economic Survey