{"id":"f-e550251d2f-9af39ef7-eadd-5c36-85be-6c3d48335b84","title":"Gold, silver at lifetime highs in India: Factors driving bullion prices","description":"Gold and silver hit all-time highs on MCX, driven by global rallies amid geopolitical tensions. Justin Khoo and Rahul Kalantri cite safe-haven demand and US Federal Reserve pressures.","timestamp":1768210169,"category":"business","headline":"Gold, silver at lifetime highs in India: Factors driving bullion prices","modifiedHeadline":"Gold, Silver Prices Hit Record Highs in India","subCategories":["scid_6a7129b0"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"53","fcSummary":"Gold and silver prices soared to record highs in the domestic market, mirroring a global rally driven by geopolitical tensions and rising risk aversion. Spot gold and silver also hit all-time highs. Analysts attribute the surge to increased safe-haven demand and expectations of easier monetary policy.","summary":"Gold and silver soar to record highs in India amidst global uncertainty! Safe-haven demand & Fed pressures fuel the bullion rally.","ctaUrl":"https://trends.glance.com/newz/Personal_Finance/IN/en/cnbc-tv18/f-e550251d2f-9af39ef7-eadd-5c36-85be-6c3d48335b84","sourceUrl":"https://www.cnbctv18.com/market/commodities/gold-silver-lifetime-highs-in-india-factors-driving-bullion-prices-ws-l-19818962.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/jKDsM7ZiFmB0.webp","content":"Gold and silver prices surged to all-time highs in the domestic market on Monday (January 12), tracking a sharp rally in overseas bullion amid heightened geopolitical uncertainty and rising risk aversion.\n\n
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\n Gold on the Multi Commodity Exchange (MCX) was trading 1.5% higher, or up ₹2,071, at ₹1.40 lakh per 10 grams. Prices touched an all-time high of ₹1.41 lakh per 10 grams earlier in the session.\n
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\n Silver mirrored the global trend, rising 3.8%, or ₹9,510, to trade at ₹2.62 lakh per kilogram on the MCX. The white metal hit a lifetime high of ₹2.63 lakh per kg during the day.\n
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\n The domestic rally followed a strong move in international markets,\n where spot gold climbed more than 1% to trade near $4,567 per ounce after briefly crossing the $4,600 an ounce mark for the first time. Spot silver also hit all-time high, rising above $83 per ounce.\n\n
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\n Market participants attributed the surge to increased demand for safe-haven assets amid escalating geopolitical tensions and growing political pressure on the US Federal Reserve. Weak US employment data has further strengthened expectations of easier monetary policy, supporting bullion prices.\n
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\n “Gold and silver reaching all-time highs reflects a decisive shift in global risk positioning rather than a short-term anomaly,” said Justin Khoo, Senior Market Analyst – APAC at VT Market.\n
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\n He noted that gold has broken decisively above the $4,500 an ounce level, while silver continues to trade near multi-year highs despite the US dollar index holding close to 99.\n\n
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\n “Elevated geopolitical uncertainty, expanding global defence expenditure and persistent inflation pressures continue to underpin flows into precious metals,” Khoo added.\n
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\n Rahul Kalantri, Vice President – Commodities at Mehta Equities, said bullion prices were supported by rising geopolitical risks and increasing political pressure on the US Federal Reserve.\n
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\n “Gold gained over 4% last week, while silver rallied more than 7%, driven largely by heightened global uncertainty,” he said, pointing to unrest in Iran, the Russia–Ukraine conflict and broader geopolitical developments as key drivers of safe-haven demand.\n\n
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\n Kalantri cautioned that near-term gains could face resistance if the U.S. dollar remains firm.\n
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\n Analysts broadly expect bullion prices to remain supported, though some consolidation cannot be ruled out after the sharp rally. R\n
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\n oss Maxwell, Global Strategy Operations Lead at VT Markets, said a sharp correction in gold would require a significant shift in macro conditions. “Geopolitical uncertainty and structural demand, especially from Asia, look set to keep gold prices elevated. A smaller correction or consolidation appears more likely than a dramatic fall,” he said.\n\n
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\n On silver, Maxwell said strong industrial demand, particularly from green technologies, underpins long-term fundamentals, though short-term volatility could remain high due to speculative flows.","readDurationInMinutes":"5","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["Gold hits ₹1.41L/10g, silver ₹2.63L/kg on MCX amid geopolitical fears.","Global spot gold nears $4,600/oz, silver tops $83/oz on safe-haven demand.","Experts cite geopolitical risks & US Fed pressure supporting high bullion prices."],"tags":["Gold","Silver","India","MCX","Commodities","AllTimeHigh","GeopoliticalTensions","SafeHavenAssets","USFederalReserve","Inflation","JustinKhoo","RahulKalantri","VTMarkets","MehtaEquities","RossMaxwell","GlobalEconomy","Bullion","Iran","RussiaUkraineConflict","USDollar","PreciousMetals"],"consent":true,"redirectionEnabled":false}

Gold, silver at lifetime highs in India: Factors driving bullion prices

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