Gold, Silver Prices Surge Today: Check Latest 24K and 22K Rates on January 20

• Gold and silver prices in India saw a significant increase on January 20, driven by geopolitical uncertainty.
• Internationally, gold surged almost 2% to nearly $4,682 per ounce, while silver jumped 3.79% to $93 per ounce.
• In Mumbai, 24K gold reached Rs 1,47,280 per 10 grams, and 22K gold was Rs 1,35,000 per 10 grams.
• MCX gold futures for February traded 1.39% higher at Rs 1,47,670 per 10 grams; silver futures for March rose 2.08%.
• Key factors influencing gold prices in India include international market rates, import duties, taxes, and exchange rate fluctuations.

Why It Matters: Gold and silver prices surged on January 20 due to geopolitical tensions, with rates varying across Indian cities.