Gold, Silver Prices Fluctuate: What's Next for Precious Metals?

• Gold and silver prices saw a sudden decline on the Multi Commodity Exchange after three days of sharp increases, attributed to investor profit-taking.
• On Thursday, January 15, gold fell by approximately 1,000 rupees/10 grams, and silver dropped by about 10,000 rupees/kg on MCX.
• Despite the MCX fall, silver prices in the Delhi gold market surged by 3,000 rupees/kg to a record 2,89,000 rupees, and gold reached 1,47,300 rupees/10 grams due to strong buying.
• Silver has seen a significant increase of 45,500 rupees in the last five sessions and has outperformed gold, rising 21% since the beginning of 2026.
• Experts note that domestic gold prices continue to rise due to strong buying, even as international prices experience a technical correction from record highs.

Why It Matters: Gold and silver prices show mixed trends, with domestic markets driven by strong buying despite international corrections.