Gold and Silver Hit Record Highs Amid Global Tensions: Buy or Sell?

• Gold and silver prices surged to new record highs on January 12, 2026, in both Indian and global markets.
• MCX silver for March delivery jumped by ₹10,314 (4%) to ₹2,63,996 per kg; February delivery gold rose by ₹2,000 to ₹1,41,250 per 10 grams.
• Internationally, spot gold crossed $4,600 per ounce, while US gold futures gained 2%, indicating a global rally.
• Key drivers include the dispute between US President Trump and the Federal Reserve, rising tensions in Iran, and US tariffs/trade wars.
• Experts advise buying gold with a stop-loss at ₹1,37,700 and buying silver on dips between ₹2,45,500 and ₹2,40,000, targeting ₹2,58,000.

Why It Matters: Global political instability is driving gold and silver to record highs, making them attractive safe-haven assets.