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Moneycontrol20-01-2026, 19:39

Gold and Silver Hit Record Highs: Buy, Sell, or Wait Amid Global Uncertainty?

  • Gold and silver prices reached new record highs on Tuesday due to global market uncertainty and safe-haven demand.
  • MCX gold futures for February delivery closed at Rs 1,52,500 per 10 grams, a 4.7% increase.
  • MCX silver futures for March delivery surged by 6% to an all-time high of Rs 3,27,998 per kg.
  • International markets saw gold on Comex surpass $4,700 per ounce and silver reach $95 per ounce.
  • Indore's local market reflected the surge, with gold at Rs 1,52,500 per 10 grams and silver at Rs 3,12,500 per kg.

Why It Matters: Gold and silver are soaring to record highs globally and domestically, driven by investor flight to safety.

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