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News1825-01-2026, 23:05

Gold, Silver Prices Soar Amid Global Tensions, Budget Anticipation; Bullish Outlook Continues

  • Gold and silver prices are expected to remain strong next week due to global uncertainties and safe-haven demand.
  • US Supreme Court hearings on trade tariffs and the Federal Reserve's interest rate policy are key factors influencing market sentiment.
  • The upcoming Union Budget 2026-27 in India could impact domestic gold and silver markets through changes in import duties and fiscal measures.
  • MCX saw gold prices jump 9.5% to an all-time high, while silver crossed ₹3 lakh per kilogram, driven by strong fundamentals.
  • International markets also showed robust performance, with COMEX gold nearing records and silver exceeding $100 per ounce, fueled by geopolitical risks and economic slowdown fears.

Why It Matters: Global tensions and budget anticipation are driving gold and silver prices higher, with a strong outlook for next week.

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