Gold Price Soars 6000 Rupees in 3 Days Amid US Tariff Tensions

Business
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News18•21-01-2026, 15:38
Gold Price Soars 6000 Rupees in 3 Days Amid US Tariff Tensions
- •The price of 10 grams of 24-carat gold has surged by 6010 rupees in just three days.
- •22-carat gold also saw a significant increase of 5510 rupees per 10 grams over the same period.
- •Silver prices have also climbed, with a 25,100 rupee increase per kilogram in Delhi over three days.
- •The rise is attributed to US President Donald Trump's threat to impose 10% tariffs on European goods from February 1, 2026.
- •Investors are flocking to gold and silver as safe-haven assets due to escalating trade tensions between the US and European countries.
Why It Matters: Gold and silver prices have sharply risen due to increased US-Europe trade tensions and safe-haven demand.
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