
Gold, Silver Rate Today Highlights: Gold and silver prices traded near record highs in the international market as US-Europe trade war fears escalated after President Donald Trump’s push to take over Greenland.
MCX gold rate hit a record high of ₹152,500/10 grams level, and MCX silver price scaled a new peak of ₹327,998/kg level, according to the exchange data as of Tuesday, 20 January 2026.
Spot gold price was steady at $4,671.54 per ounce, after scaling an all-time high of $4,689.39 in the previous session. US gold futures for February delivery climbed 1.8% to $4,676.80 per ounce. Spot silver price fell 1.2% to $93.53 an ounce, after hitting a record high of $94.72 earlier in the session.
The gains in gold and silver prices came amid rising safe-haven demand and a weak US dollar after Trump intensified his push to wrest sovereignty over Greenland from fellow NATO member Denmark, prompting the European Union to weigh hitting back with its own measures.
In the domestic markets, MCX gold price rallied over 1.5%, while MCX silver price jumped more than 2% on Tuesday. Gold price opened higher at ₹1,45,775 per 10 grams level as against its previous close of ₹1,45,639 level. MCX gold rate hit a record high of ₹1,47,996 level.
MCX silver rate opened higher at ₹3,06,499 per kg level as against its previous close of ₹3,10,275. However, silver prices bounced back and scaled a new peak of ₹3,19,949 per kg level.
Stay tuned to our Gold, Silver Rate Today Live Blog for the latest updates.
Gold, Silver Rate Today LIVE: Multi-Commodity Exchange (MCX) data showed that as of the commodity market close on Tuesday, 20 January 2026, the gold prices ended 3.37% or ₹4,921 per 10 grams higher at ₹150,560 per 10 grams, compared to ₹145,639 per 10 grams.
Silver prices surged 4.16% or ₹12,925/kg to close at ₹323,200/kg after Tuesday evening's commodity market session, compared to ₹310,275/kg, according to MCX data.
Gold, Silver Rate Today LIVE: Multi-Commodity Exchange (MCX) data showed that as of 9:45 pm (IST) the gold prices have risen 2.87% or ₹4,183 per 10 grams to ₹149,822 per 10 grams, compared to ₹145,639 per 10 grams.
Silver prices surged 3.62% or ₹11,222/kg to ₹321,497/kg during Tuesday's evening commodity market session as of 9:45 pm (IST), compared to ₹310,275/kg, according to MCX data.
Gold, Silver Rate Today LIVE: According to Harshal Dasani, Business Head, INVasset PMS, the gold–silver ratio slipping to around 50, a level last seen in 2012, signals more than just silver outperforming gold—it reflects a strategic reset underway in silver.
“The move has been swift and telling. As recently as April 2025, nearly 107 kg of silver were needed to buy 1 kg of gold; today, that number has collapsed to about 50 kg, meaning silver has become almost twice as valuable relative to gold in less than a year. Such a sharp compression in the ratio is rare and historically marks inflection points rather than cycle peaks,”said Dasani.
Gold, Silver Rate Today LIVE:
According to Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, gold traded sharply higher, surging by nearly ₹4,000 to cross the historic ₹1,50,000 mark in MCX for the first time, driven by a weak rupee and rising global uncertainty.
Fresh tariff announcements by Trump, including a 10% levy on EU nations, have revived concerns over global trade and cast doubts on the progress of a US–India trade deal.
Geopolitical tensions originating from the US, with Greenland again coming into focus amid strategic concerns involving Russia and China, have further strengthened safe-haven demand. Gold is expected to remain volatile with a positive bias, trading in a broad range of ₹1,42,000– ₹1,55,000 in the coming days," said Trivedi.
Gold, Silver Rate Today LIVE: According to Harshal Dasani, Business Head, INVasset PMS, the world is navigating overlapping geopolitical fault lines—from the Russia–Ukraine conflict and tensions in the Middle East to India–Pakistan friction, Afghanistan’s uncertainty, and China’s growing assertiveness around Taiwan.
Europe’s economic momentum has weakened, while political cohesion across developed markets remains fragile. Historically, such periods of disorder act as powerful catalysts for gold.
Gold, Silver Rate Today LIVE: Justin Khoo, Senior Market Analyst - APAC, VT Market, advises that investors with a strategic horizon may consider using corrective phases to gradually build exposure, while those sitting on gains could tactically rebalance without compromising long-term allocation goals.
Gold, Silver Rate Today LIVE: According to Justin Khoo, Senior Market Analyst - APAC, VT Market, MCX gold remains elevated near the ₹1.50 lakh per 10-gram mark, while international prices are hovering close to $4,700 an ounce, reflecting persistent risk aversion.
While near-term volatility cannot be ruled out given stretched positioning, the broader structure for gold remains constructive.
Gold, Silver Rate Today LIVE: According to Harshal Dasani, Business Head, INVasset PMS, Gold’s outperformance since the 2011 metal peak reflects a structural shift rather than a cyclical trade. From its previous high, gold is up close to 200%, and this move has been driven less by inflation dynamics and more by persistent global instability.
Gold, Silver Rate Today LIVE: According to NS Ramaswamy, Head of Commodity & CRM, Ventura, beyond Europe, ongoing geopolitical risks from lingering uncertainty in Venezuela and fragile U.S.–Iran relations despite recent calm, to the still-unresolved Russia–Ukraine conflict are keeping investors cautious and gold well supported.
Gold, Silver Rate Today LIVE: According to NS Ramaswamy, Head of Commodity & CRM, Ventura, gold and silver have climbed to record highs as global tensions continue to mount.
“Markets have been unsettled by Donald Trump’s renewed push to acquire Greenland, alongside U.S. plans to impose tariffs of 10% from February 1 on eight European countries including France, Germany, and the UK, with the threat of rates rising to 25% by June,”said Ramaswamy.
Gold, Silver Rate Today LIVE: Gold rate hit a fresh record high of ₹1,52,500 per 10 grams.
Gold, Silver Rate Today LIVE: Gold surpassed $4,700 per ounce for the first time on Tuesday, while silver neared an all-time high, following U.S. President Donald Trump's threats to impose additional tariffs on European allies, which negatively impacted global sentiment and led to an increased demand for safe-haven assets, as per Reuters report.
As of 0730 GMT, spot gold rose by 1% to $4,717.03 per ounce, having reached an unprecedented high of $4,721.91 earlier in the day. U.S. gold futures set for February delivery increased by 2.8% to $4,722.70 per ounce, according to Reuters report.
Spot silver decreased by 0.5% to $94.23 per ounce, after earlier reaching a record high of $94.72 during the session.
Gold, Silver Rate Today LIVE: According to experts, precious metals are expected to remain the clearest expression of the prevailing defensive mood in markets until a negotiation path become clearer.
Gold, Silver Rate Today LIVE: Gold prices have rallied more than 70% since Trump began his second term a year ago, while silver has catapulted more than 200%.
Gold, Silver Rate Today LIVE: COMEX Gold is trading near the $4,681 zone after recording a fresh all-time high of $4,698 earlier today. The uptrend remains firmly intact, with prices comfortably holding above the rising channel and the 20-day EMA near $4,501 — a clear reflection of sustained bullish momentum, according to experts.
“Any minor pullbacks continue to attract aggressive buying interest. The broader outlook remains decisively bullish, supported by persistent safe-haven flows, central bank buying, geopolitical risks, and expectations of continued accommodative global monetary policy,” said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rate Today LIVE: Colin Shah, MD, Kama Jewelry, explained that domestically the demand is unlikely to disappear rather, it may also shift towards lighter jewellery, flexible purchasing options, and investment-led buying. In the medium to long term, sustained economic uncertainty will continue to keep gold well-supported, reinforcing its dual role as both an adornment and a store of value.
Gold, Silver Rate Today LIVE: COMEX Silver has surged to fresh all-time highs near $94.75 and is currently consolidating around $93.25–$93.30 after minor profit booking.
“Near-term support is now placed at $90–$91.50, followed by stronger support at $88–$89. A decisive move above $94.75–$95 will open the path toward $97–$100+ very quickly. The outlook for 2026 remains exceptionally bullish, with potential to test $110–$120 on sustained supply deficits and explosive industrial demand,” said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rate Today LIVE: Ponmudi R, the CEO of Enrich Money, stated that MCX Gold continues to reflect global strength, supported by a stable USD/INR in the range of 90.90 to 91.00. The upward channel pattern persists, with the ₹1,43,000 to ₹1,45,000 range serving as strong dynamic support.
“Every dip is being bought aggressively, reinforcing the strength of the prevailing trend. A clear and sustained breakout above ₹1,45,000– ₹1,45,500 can quickly open upside targets toward ₹1,48,000– ₹1,50,000. Overall, the bias stays strongly bullish,” said Ponmudi.
Gold, Silver Rate Today LIVE: According to Ponmudi R, CEO of Enrich Money, MCX Silver has staged a strong breakout and continues to show high-beta outperformance, absorbing every minor correction with ease. The rising channel remains very steep and firmly intact, with the 20-day EMA near ₹2,95,000 acting as strong dynamic support.
“Sustained trade above ₹3,10,000 keeps the momentum extremely bullish. Next major upside targets are placed at ₹3,20,000– ₹3,25,000 in the near term, with scope to extend toward ₹3,35,000– ₹3,50,000 over the next few months. Any dip toward ₹3,05,000– ₹3,08,000 should be viewed as a strong buying opportunity,” said Ponmudi.
Gold, Silver Rate Today LIVE: Spot gold increased to $4,694.35 per ounce on Tuesday as investors anticipated Europe's reaction to Trump's warning about potential tariffs on eight European countries that opposed his Greenland plans. Silver reached a record high of $94.7295 per ounce earlier, before pulling back.
Gold, Silver Rate Today LIVE: Aamir Makda, a Commodity & Currency Analyst at Choice Broking, stated that the rising importance of silver as an industrial commodity is driven by three main trends: the expansion of solar photovoltaic capacity, heightened demand from electric vehicles, and the booming need for AI and data center infrastructure that depends on silver-based components.
Gold, Silver Rate Today LIVE: On a weekly basis, silver gained USD 9.2, or 11.6%, while gold added USD 94.5, or 2.09%, as both metals benefited from a weaker greenback and escalating geopolitical tensions.
Gold, Silver Rate Today LIVE: The trend for MCX silver price today remains positive, said Ajay Kedia. According to him, MCX silver rate may face resistance at ₹3,23,850 per kg level, while support is seen at ₹3,01,000 level.
Gold, Silver Rate Today LIVE: According to Ajay Kedia, Director, Kedia Advisory, the trend for MCX gold price today remains positive. Gold rate may face resistance at ₹1,49,350 per 10 grams level, while support is placed at ₹1,45,450 level.
Gold, Silver Rate Today LIVE: Ajay Kedia, the Director at Kedia Advisory, highlights five key points to be aware of.
Gold, Silver Rate Today LIVE: According to Ajay Kedia, Director at Kedia Advisory, gold prices remained near record highs as investors sought safe-haven assets amid intensifying geopolitical and trade uncertainties. Renewed tensions between the United States and European nations—sparked by U.S. tariff threats linked to control of Greenland—have fueled risk-off sentiment, lifting gold to around $4,670 an ounce.
Gold, Silver Rate Today LIVE: According to Rahul Kalantri, VP Commodities, Mehta Equities Ltd, in INR gold has support at Rs1,44,050-1,42,310, while resistance at Rs1,47,150-1,48,870. Silver has support at ₹2,95,810, 2,92,170, while resistance at ₹3,13,810, 3,16,470.
Gold, Silver Rate Today LIVE: MCX silver rate opened lower on Tuesday. MCX silver price opened at ₹3,06,499 per kg as compared with its previous close of ₹3,10,275 level.
Gold, Silver Rate Today LIVE: MCX gold price opened higher at ₹1,45,775 per 10 grams level as against its previous close of ₹1,45,639. Gold rate hit a fresh record high of ₹1,45,950 per 10 grams.
Gold, Silver Rate Today LIVE: SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings rose 1.01% to 1,085.67 metric tons on Friday.
Gold, Silver Rate Today LIVE: In the domestic markets, MCX gold rate jumped by ₹3,240, or 2.27%, to ₹1,45,757 per 10 grams on Monday. MCX gold price hit a record high of ₹1,45,770 level during the session. MCX silver rate surged by a staggering ₹22,389, or 7.78%, to ₹3,10,151 per kg. Silver price touched a life-time high of ₹3,10,944 level.
Gold, Silver Rate Today LIVE: Spot silver price fell 1.2% to $93.53 an ounce, after hitting a record high of $94.72 earlier in the session.
Gold, Silver Rate Today LIVE: Spot gold price was steady at $4,671.54 per ounce, after scaling an all-time high of $4,689.39 in the previous session. US gold futures for February delivery climbed 1.8% to $4,676.80 per ounce.
Gold, Silver Rate Today LIVE: Gold and silver prices traded near record highs in the international market as US-Europe trade war fears escalated after President Donald Trump’s push to take over Greenland.
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