Gold Prices Surge Amid Global Uncertainty, Silver Slips: Check Latest Rates

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Moneycontrol•10-01-2026, 07:51
Gold Prices Surge Amid Global Uncertainty, Silver Slips: Check Latest Rates
- •Gold prices are showing an upward trend on January 10, with 24-carat gold reaching ₹139470 per 10 grams in Delhi.
- •International spot gold price is $4479.38 per ounce, driven by fresh demand for safe-haven assets.
- •Geopolitical tensions, including US actions against Venezuela and US President's rhetoric on Greenland, are fueling gold's rise.
- •Silver prices have declined to ₹248900 per kilogram, with an international spot price of $76.92 per ounce.
- •Despite recent decline, silver has strengthened by approximately 164% annually, but higher prices risk substitution with cheaper alternatives like copper.
Why It Matters: Gold prices are rising due to global uncertainty and geopolitical tensions, while silver has slipped.
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