Gold Crosses Rs 1.60 Lakh: Record Highs in Delhi, Mumbai, Other Cities on Jan 26

• Gold prices surged to a record high of over Rs 1,60,000 per 10 grams in India on January 26.
• In Mumbai, 24-carat gold reached Rs 1,60,250 per 10 grams, while 22k gold was Rs 1,46,890 per 10 grams.
• International spot gold rose 1.79% to $5,071.96 per ounce, driven by safe-haven demand amid geopolitical uncertainties.
• Silver also hit a new all-time high of Rs 3,35,000 per kg in the spot market.
• Factors like US monetary policy easing, central bank buying, and geopolitical tensions under the Trump administration contributed to the rally.

Why It Matters: Gold prices hit record highs in India and internationally due to safe-haven demand and geopolitical factors.