Gold Hits Record High, Silver Crosses Rs 3 Lakh Amid Geopolitical Tensions

• Gold and silver prices surged on January 19, with gold reaching a fresh record high and silver crossing Rs 3 lakh per kg.
• The price jump is attributed to investors seeking safe-haven assets due to escalating geopolitical tensions.
• US President Donald Trump's threat to impose tariffs on European countries over Greenland sparked the market reaction.
• In Mumbai, 24-carat gold hit Rs 1,45,690 per 10 grams, and silver reached Rs 3,05,100 per kg in the spot market.
• International spot gold rose 1.5% to $4,663.37 per ounce, after hitting an all-time high of $4,689.39.

Why It Matters: Gold and silver prices soared to record highs on January 19 due to rising geopolitical tensions.