Gold, Silver Hit Record Highs Amid Global Chaos: Washington to Tehran Turmoil Fuels Rally

• Gold and silver prices surged to all-time highs on January 12, 2026, across Indian and global markets.
• Investors are moving away from paper currencies towards precious metals due to intensifying war fears and geopolitical ego clashes.
• In India, March silver futures jumped nearly 4% to a record Rs 2,63,996 per kg, while February gold futures hit Rs 1,41,250 per 10 grams.
• Globally, gold crossed $4,600 per ounce, and silver also reached record highs, indicating a widespread rally.
• Market instability is driven by US political tensions, unrest in Iran, potential US tariffs on BRICS nations, and issues involving Venezuela and Greenland.

Why It Matters: Global geopolitical turmoil and economic uncertainty are driving gold and silver to unprecedented record highs.