8 months ago
Geopolitical Tensions Drive Market Volatility
On January 5, 2026, gold and silver prices in India surged due to the US military capturing Venezuelan President Nicolás Maduro.
This event caused a lot of uncertainty in the world, which made people want to buy more gold and silver as safe investments.
In Delhi, 24-carat gold was priced at Rs 1,37,550 per 10 grams, and silver was Rs 2,47,000 per kg.
The stock market in India also saw some changes.
The Nifty 50 and Sensex opened higher but then fell because of worries about the IT sector.
Some stocks like Infosys and HCL Technologies went down, while others like ONGC and Coal India went up.
Experts say that the market might keep going up if it stays above certain levels, but if it falls below, it could become unstable.
The situation in Venezuela and other global events are making the market unpredictable.
Gold and silver prices surged in India due to geopolitical tensions between the US and Venezuela.
In Delhi, 24-carat gold was priced at Rs 1,37,550 per 10 grams, and silver at Rs 2,47,000 per kg.
The Nifty 50 and Sensex opened higher but later declined, with the Nifty IT index falling over 2%.
Infosys, HCL Technologies, and Wipro were among the top losers in the IT sector.
Experts suggest that the market's bullish momentum could continue if it stays above key support levels.
- Who
- Indian stock market investors and traders
- What
- Geopolitical tensions affecting gold, silver prices and stock market performance
- Where
- India
- When
- January 5, 2026
- Why
- Due to the US military capture of Venezuelan President Nicolás Maduro and its impact on global markets
Key facts
- Gold Price (International)
- $4,401 per ounce
- Silver Price (International)
- $75 per ounce
- Gold Price (Delhi, 24K)
- Rs 1,37,550 per 10 grams
- Gold Price (Delhi, 22K)
- Rs 1,26,100 per 10 grams
- Silver Price (Spot Market)
- Rs 2,47,000 per kg
- Gold Futures (MCX, Feb)
- Rs 1,37,281 per 10 grams
- Silver Futures (MCX, March)
- Rs 2,43,181 per kg
- Nifty 50 Opening
- 26,343 (up 14 points)
- Sensex Opening
- 85,788 (up 26 points)
- Bank Nifty Opening
- 60,320 (up 170 points)
- Nifty 50 Closing
- 26,250 (down 78 points)
- Sensex Closing
- 85,440 (down 322 points)
- Bank Nifty Closing
- 60,044 (down 107 points)
- BSE Midcap Closing
- 47,563.58 (up 24 points)
- BSE Smallcap Closing
- 51,954.77 (up 35 points)
Timeline
Camlin Fine Sciences' Q2 surge lifted Q3 earnings hopes.
Then, steady Nifty earnings in Q2 further bolstered expectations.
Late November's consumption report added fuel to Q3 optimism.
Indian stocks soared in 2026, investors eager for Q3 results.
Quotes
Dr VK Vijayakumar
Chief Investment Strategist at Geojit Investments Ltd
“The US markets have largely ignored the Venezuelan crisis and moved ahead.”
thehindubusinessline.com
“Investors can also think of increasing the cash position in their portfolios, even while remaining invested given the heightened uncertainty triggered by geopolitical events.”
thehindubusinessline.com
Prashanth Tapse
Senior VP (Research) at Mehta Equities Ltd
“Nifty slipped 0.30 per cent to close at 26,250 amid profit booking, despite touching a fresh all-time high of 26,373, signalling a phase of bullish consolidation rather than trend reversal.”
thehindubusinessline.com
“Geopolitical worries and renewed US–India trade tension chatter weighed on sentiment, while the broader structure remains strong above key moving averages.”
thehindubusinessline.com
Shrikant Chouhan
Head Equity Research at Kotak Securities
“After an early morning intraday rally, profit-booking occurred at higher levels, leading to a sharp correction in the market.”
thehindubusinessline.com
“The medium-term market outlook remains positive and 26,150/85,200 and 26,100/85,000 remain key support zones.”
thehindubusinessline.com
Sources
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