Gold, Silver Shatter Records: 53-Year Highs, Massive Returns Amid Global Tensions

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News18•29-01-2026, 23:22
Gold, Silver Shatter Records: 53-Year Highs, Massive Returns Amid Global Tensions
- •Gold delivered a 28% monthly return in January 2026, its highest since 1973, reaching $5,514/ounce internationally and ₹1.83 lakh/10 grams in Delhi.
- •Silver surged past $120/ounce globally and ₹4 lakh/kg domestically, with a 69% increase in one month.
- •Geopolitical tensions, particularly between Iran and the US, and the Middle East situation, are driving investors to safe-haven assets.
- •Anticipated US Federal Reserve interest rate cuts and large companies like Tether allocating to physical gold are also fueling the price rally.
- •Experts predict gold could reach $8,000 per ounce by 2027, calling the current market situation 'once-in-a-century'.
Why It Matters: Gold and silver prices are soaring to historic highs due to global instability and investor demand for safe havens.
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