Gold and Silver Prices Surge on January 15 Amid Global Uncertainty

• On January 15, 24-carat gold in Delhi rose to ₹144,160 per 10 grams, while in Mumbai it reached ₹144,010.
• The international spot price for gold is $4640.13 per ounce, and silver crossed $91 per ounce.
• Prices in Mumbai, Chennai, Kolkata, Pune, and Bengaluru show 24-carat gold at ₹144,010 per 10 grams.
• The surge is attributed to fresh demand for safe-haven assets due to global uncertainty, including geopolitical concerns and expectations of US Federal Reserve interest rate cuts.
• Silver prices also saw a significant increase, reaching ₹290,100 per kilogram in the country.

Why It Matters: Gold and silver prices climbed on January 15, driven by global uncertainty and safe-haven demand.