Gold, Silver Hit New All-Time Highs in 2026: Geopolitical Tensions & Rate Cut Hopes Fuel Surge

• Gold and silver prices set new record highs on January 12, 2026, with spot gold surging over 1% to $4,563.61 per ounce and silver reaching $83.50 per ounce.
• The surge is attributed to rising geopolitical tensions globally and expectations of potential interest rate cuts in the US, driving investors towards safe-haven assets.
• Analysts are closely watching the US Supreme Court's decision on Trump tariffs and upcoming economic data, including inflation rates from India, the US, and Germany.
• Experts like Pranav Mer of JM Financial Services anticipate the bullish trend to continue, advising to view dips as buying opportunities due to safe-haven demand and mixed economic data.
• Prathamesh Mallya of Angel One projects gold prices in India could reach ₹1.41 lakh per 10 grams and silver ₹2.80-3 lakh per kilogram, driven by long-term strong trends and ETF investments.

Why It Matters: Gold and silver hit record highs in 2026, driven by geopolitical uncertainty and US interest rate cut expectations.