
Gold, Silver Rate Today Highlights: Gold and silver prices continue to trade near record highs amid escalating geopolitical tensions and rising safe-haven demand, making a strong start to 2026, after blistering rallies last year.
Spot gold prices in the international markets traded above $4,600 an ounce near record high after US inflation data supported the case for more interest rate cuts by the US Federal Reserve, while the geopolitical situation remained combustible.
Silver prices topped $89 an ounce to reach a record high. The white metal outperformed gold last year, surging almost 150% due to a short squeeze in October and persistent supply tightness in London.
MCX gold rate touched a peak of ₹1,43,017 per 10 grams, while MCX silver prices jumped to a high of ₹2,83,725 per kg.
Stay tuned to our Gold, Silver Rate Today Live Blog for the latest updates.
Famous author Robert Kiyosaki, who predicted the COMEX silver price would reach $100 per ounce, has a word of caution for silver investors.
“PLEASE BE CAREFUL: SILVER PEAKING,” the author wrote yesterday on his Facebook wall.
Gold, Silver Rate Today LIVE: Anuj Gupta, a SEBI-registered commodity expert, said that the decisive break above the $92 per ounce mark can likely fuel the precious metal prices to $95 per ounce in the upcoming sessions.
“On the upper side, the precious white metal is facing an immediate hurdle at $92. On decisively breaking above the $92 per ounce level, the white metal may soon reach the $95 per ounce mark,” said Gupta ahead of the record high.
Gold, Silver Rate Today LIVE: Silver prices at New York's COMEX hit a fresh all-time high during Wednesday's commodity market session as the US Supreme Court decided to extend the decision on US President Donald Trump's tariffs.
Silver rates jumped to hit a new record high of $92.165 per ounce, surging 6.7% during today's market, compared to $86.338 per ounce at the previous market close, according to the market data on 14 January 2026.
The sharp rally in silver prices carries significant risk, said Shantanu Bhargava, CEO of HNI Digital Advisory and Managed Solutions, Neo Wealth Management. In its latest report titled Silver, the Dual Asset, he noted that futures open interest has reached 165,805 contracts, up 18% YoY, while retail micro contracts have surged 238%, signaling late-cycle positioning.
Bhargava added that under stress scenarios where investment demand collapses, silver’s fundamental floor is around $61 per ounce. However, historical liquidity flushes show that prices can overshoot sharply lower, with a worst-case trough near $25–$30.
He emphasized that silver’s dual role as an industrial commodity and monetary asset creates a high-beta profile, rising 1.5–2 times as much as gold in bull markets but correcting more sharply during downturns.
The March delivery futures contract on MCX crossed ₹2.90 lakh per kilogram for the first time, reaching ₹2,90,800.
It took less than nine months for silver to rise from ₹1 lakh to ₹2 lakh, and the next ₹90,000 was achieved in under five weeks.
Extending its winning run to a fourth straight session, silver March delivery contracts on MCX gained another ₹14,703 per kilogram to reach yet another historic high of ₹2,89,890. With today’s rally, prices have gained a cumulative ₹46,500 per kilogram in just four trading sessions.
This followed a 170% rally in 2025, led by geopolitical escalations, global trade tensions, monetary easing, ETF inflows, supply constraints, rising safe-haven demand, and a fall in exchange inventories.
Both gold and silver prices on the MCX surged 5.8% and 22%, respectively, in the first ten trading sessions of 2026, as demand for safe-haven assets remained strong, allowing both metals to extend last year’s rally.
This year, fresh concerns added to existing headwinds, driven by Trump’s capture of Venezuela’s leader, his renewed threats to take Greenland, and violent protests in Iran.
Earlier this week, Trump said that any country doing business with Iran would be subjected to a 25% tariff on any trade conducted with the United States.
This marked a second warning from Trump, as he also said he would announce 500% tariffs on countries that import crude oil from Russia.
In addition, the prospect of a criminal indictment against Fed Chair Jerome Powell revived concerns over the monetary authority’s independence, further supporting precious metal prices.
Domestic brokerage firm Motilal Oswal, in its latest report, expects the rally in silver and gold prices to continue in 2026, setting a target of ₹3,20,000 per kilogram for MCX silver, while placing the risk-negation level at ₹1,40,000. For gold, the brokerage expects the MCX prices to reach ₹1,60,000.
The brokerage said silver’s strength is likely to be front-loaded in the first half of 2026 amid policy uncertainty and currency volatility.
However, whether the second half sees consolidation or a continuation of the rally will depend on global growth cues, bond market stability, and the credibility of monetary policy.
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said, "Gold traded with strong positive momentum as geopolitical uncertainty resurfaced after peace talks between the US and Iran were reportedly cancelled, reviving safe-haven demand. MCX gold gained nearly ₹1,000 to trade around ₹1,43,300, while Comex gold rose $48 to $4,635. The underlying trend remains firmly positive amid elevated global risk sentiment, with gold expected to stay volatile within a higher range of ₹1,41,000– ₹1,45,500 in the near term."
Rajkumar Subramanian, Head – Products and Family Offices at PL Wealth Management, said silver is emerging as one of the most compelling strategic metals in the current cycle, sitting at the intersection of investment demand and industrial transformation.
“In India, this dual character is even more pronounced. Beyond its traditional role as a store of value, silver is increasingly driven by structural demand from solar energy, electronics, electric mobility and advanced manufacturing. As India accelerates its renewable and infrastructure ambitions, silver’s industrial relevance strengthens its long-term price support,” Subramanian said.
At the same time, rising retail participation and growing interest from HNI and family capital are positioning silver as a portfolio diversifier alongside gold.
“However, investors must remain mindful that silver is inherently more volatile than gold, with sharper price swings driven by global growth expectations, dollar movements and speculative flows. It is best approached with disciplined allocation and a medium- to long-term perspective,” he said.
Gold has support at $4520 to $4455, while resistance is at $4640-4690. Silver has support at $86.10 to $84.75, while resistance is at $90.15-92.40. In INR gold has support at ₹1,39,550 to ₹1,37,310 while resistance at ₹1,44,350 to ₹1,46,670. Silver has support at ₹2,69,810 and ₹2,54,170, while resistance at ₹2,79,810 and ₹2,84,470.
— Rahul Kalantri, VP Commodities at Mehta Equities
Gold and silver surged sharply in a volatile session, hitting fresh record highs as softer U.S. inflation data strengthened expectations of Federal Reserve rate cuts this year. Ongoing geopolitical and economic uncertainties continued to fuel demand for safe havens. Civil unrest in Iran and rising geopolitical tensions further supported buying interest in precious metals. The Core CPI rose 0.2%, below the expected 0.3%, and remained steady at 2.6% year-over-year, reinforcing the view that underlying inflation pressures are easing.
— Rahul Kalantri, VP Commodities at Mehta Equities
Famous author Robert Kiyosaki, who predicted the COMEX silver price would reach $100 per ounce, has a word of caution for silver investors.
“PLEASE BE CAREFUL: SILVER PEAKING,” the author wrote yesterday on his Facebook wall.
Gold and silver prices are rising as the market is expecting a US Supreme Court ruling against US President Donald Trump. This is expected to fuel uncertainty in the international market, which is expected to boost demand for gold and silver as a safe haven.
— Anuj Gupta, a SEBI-registered commodity expert
The COMEX silver has immediate support at $87 per ounce, whereas crucial support is placed at the $82 per ounce level. On the upper side, the precious white metal is facing an immediate hurdle at $92. On decisively breaking above the $92 per ounce level, the white metal may soon reach the $95 per ounce mark.
— Anuj Gupta, a SEBI-registered commodity expert
Historically, when silver breaks out after long periods of suppression, price moves tend to be sharp and nonlinear, compressing years of adjustment into a short span.
— Harshal Dasani, Business Head, INVAsset PMS
Comparing gold with silver, gold has just investment value, whereas silver has both investment and industrial value. As rising raw material prices may not be adjusted by the industries. So, silver is expected to top out first. Gold will likely follow silver, but the precious yellow metal will experience a more limited decline compared to silver.
— Amit Goel, Chief Global Strategist at Pace 360
USD/INR is consolidating near the 90.23–90.25 zone after facing resistance around 90.30–90.50 in recent sessions. The broader structure remains neutral to bullish, with the pair holding firmly within its rising channel and maintaining a sequence of higher highs and higher lows. Immediate support is placed at 89.80–90.00, a key short-term demand zone. As long as this area holds, the bias remains upward.
— Ponmudi R, CEO at Enrich Money
Extending the morning gains, the COMEX silver price climbed to a new peak of $91.343 per ounce on Wednesday.
MCX Silver remains firmly entrenched in a bullish channel. Dips are being absorbed aggressively, highlighting strong underlying demand and positioning silver as a high-beta outperformer within the precious metals space.
— Ponmudi R, CEO at Enrich Money
Beyond macro uncertainty, structural demand remains strong, led by continued central bank gold accumulation and rising industrial consumption of silver driven by solar, EVs, AI infrastructure, and electronics, even as supply constraints persist.
— Ponmudi R, CEO at Enrich Money
At the same time, escalating geopolitical tensions—including renewed unrest in Iran, tighter U.S. sanctions, and President Trump’s “Maximum Pressure 2.0” stance with proposed tariffs on countries trading with Iran have amplified risk aversion globally. Adding to this, weaker U.S. jobs data has strengthened expectations of Fed rate cuts in 2026, further supporting the prices of precious metals.
— Ponmudi R, CEO at Enrich Money
COMEX Silver is holding firm and comfortably above its short- and medium-term moving averages following a consolidation breakout. Momentum remains buyer-driven, supported by rising industrial demand from solar, EVs, and AI-linked applications, alongside ongoing safe-haven flows.
Ponmudi R, CEO at Enrich Money
The white metal has decisively broken above two hurdles — $84 and $90. Now, we can expect it to reach a peak above or around the $ 100-per-ounce level. The white metal may continue the rally for a few more weeks and peak out in February 2026.
— Amit Goel, Chief Global Strategist at Pace 360
Every rally tops out, and bullion won't be an exception to it. We saw strong selling in the base metals last week. Bullions were also under pressure, but their Friday rally put them in the green zone. Bullion may top out by the end of February.
— Amit Goel, Chief Global Strategist at Pace 360
Silver’s price action has lagged gold meaningfully since the 2011 peak, rising only about 70–75% over more than a decade. However, this apparent underperformance masks a growing structural imbalance. For years, silver prices were suppressed by heavy paper short positions in global derivatives markets, where future supply was sold far in excess of deliverable physical metal. This distorted price discovery even as industrial demand from solar, electronics, and electrification kept rising steadily, and investment demand remained resilient during periods of macro stress.
— Harshal Dasani, Business Head, INVAsset PMS
Gold and silver have surged sharply in early January 2026, scaling fresh record highs, driven by a powerful combination of safe-haven demand, geo-political uncertainty, and supportive macro conditions. The rally has been fueled by heightened concerns around US central bank independence following reports of a U.S. criminal probe into Federal Reserve Chair Jerome Powell, which has unsettled markets and weakened confidence in monetary policy neutrality.
— Ponmudi R, CEO at Enrich Money
Gold, Silver Rate Today LIVE: The trend for MCX gold price today remains positive. Key resistance is seen at ₹1,44,900 level, while support is placed at ₹1,42,100 level, said Ajay Kedia, Director, Kedia Advisory.
Gold, Silver Rate Today LIVE: MCX silver is deeply embedded in a strong bullish channel. Persistent buying on dips highlights robust demand and positions silver as a high-beta outperformer within the precious metals space. Sustained strength above ₹2,85,000 keeps the upside bias intact, with potential breakout targets at ₹2,90,000 – ₹3,00,000+. On the downside, a corrective dip below ₹2,70,000 could test ₹2,65,000 – ₹2,48,000, where fresh accumulation is expected to emerge, said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rate Today LIVE: MCX gold price continues to display strong positive momentum. The structure remains firmly bullish, with a clear higher-high and higher-low formation within a rising channel. A breakout above ₹1,43,000 could extend the rally toward ₹1,45,000 – ₹1,48,000 in the near term. The preferred buy-on-dips zone remains ₹1,38,000 – ₹1,40,000, keeping the broader strategy decisively bullish as long as this support holds, said Ponmudi R, CEO of Enrich Money.
Gold, Silver Rate Today LIVE: Key support level for MCX gold February contract lies at ₹1,41,500 level, while resistance is placed at ₹1,44,000 level, said Jigar Trivedi, Senior Research Analyst at Reliance Securities. According to him, MCX silver price for March expiry contract has support at ₹2,82,000 per kg level, and resistance is seen at ₹2,88,000 level.
Gold, Silver Rate Today LIVE: MCX gold and silver prices surged to fresh record highs on Wednesday. Gold price hit a new high of ₹1,43,017 per 10 grams level, while silver rate jumped 3% to a new peak of ₹2,83,725 per kg.
Gold, Silver Rate Today LIVE: MCX gold price traded higher by ₹519, or 0.36%, at ₹1,42,760 per 10 grams, while MCX silver price was up by ₹6,462, or 2.35%, at ₹2,81,649 per kg.
Gold, Silver Rate Today LIVE: Gold prices rose, holding near record highs set in the previous session, while silver set another all-time high, nearing the $90 mark, as softer-than-expected US inflation readings cemented US interest rate cut bets. Spot gold price rose 0.6% to $4,615.85 per ounce. Bullion hit a record high of $4,634.33 on Tuesday. US gold futures for February delivery rose 0.5% to $4,624.0.
Gold, Silver Rate Today LIVE: MCX gold rate touched a peak of ₹1,42,949 per 10 grams, while MCX silver prices jumped to a high of ₹2,79,528 per kg in the previous session.
Gold, Silver Rate Today LIVE: Silver prices topped $89 an ounce to reach a record high. Silver added 2.5% to touch $89.1644 an ounce. The white metal outperformed gold last year, surging almost 150% due to a short squeeze in October and persistent supply tightness in London.
Gold, Silver Rate Today LIVE: Gold prices neared record high after weaker-than expected US inflation data supported the case for more interest rate cuts by the US Federal Reserve. Escalating geopolitical tensions also aided the yellow metal prices. Spot gold rose 0.4% to $4,606.45.
Gold, Silver Rate Today LIVE: Gold and silver prices continue to trade near record highs amid escalating geopolitical tensions and rising safe-haven demand, making a strong start to 2026, after blistering rallies last year.
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