Silver Rate Today Highlights: MCX silver hits record high of ₹2.71 lakh/kg; gold up 2.6% on Iran conflict, subpoenas

Silver rate today Live: Multi-Commodity Exchange (MCX) data showed that the silver prices for the March 2026 contract were trading 6.54% or ₹16,538/kg higher at ₹269,263/kg as of 11:40 p.m. (IST), compared to ₹252,725 per kg at the previous market close.

Gold prices were trading 2.36% or ₹3,281 per 10 grams higher at ₹142,100 per 10 grams as of 11:40 p.m. (IST), compared to ₹138,819 per 10 grams at the previous market session, according to MCX data.

Gold rate today Live: The gold prices on MCX jumped more than 2.6% to ₹142,452 per 10 grams during Monday's commodity market session, compared to ₹138,819 per 10 grams, according to the Multi-Commodity Exchange data.

Silver rate today Live: Multi-Commodity Exchange (MCX) data shows that the silver prices hit a record high of ₹269,400 per kilogram (kg), compared to the previous commodity market close of ₹252,725 per kg, according to the official data.

Gold rate today Live: Gold prices last week surged more than 4% in the final session last week supported by the persistent geopolitical uncertainty, expectations of lower US borrowing costs amid weak Non-farm payroll data, sustained central bank purchases and renewed inflows into gold-backed exchange-traded funds.

“Geopolitical risks remained elevated amid unrest in Iran after Trump called for Iran’s ‘liberation’ and reiterated the possible use of power to acquire Greenland,” according to a recent report from Axis.

Silver rate today Live: Bandhan Mutual Fund has announced the launch of the Bandhan Gold ETF FoF and Bandhan Silver ETF FoF, aiming to provide investors with an easy, transparent, and cost-efficient way to participate in gold and silver.

The new fund offering (NFO) opened on Monday, 12 January 2026, and is scheduled to close on Tuesday, 20 January 2026.

“Investors can now participate in the resilience of gold and the structural industrial demand for silver through a liquid, transparent format. These offerings are designed to make precious metal investing easier, smarter, and more accessible for a much wider audience,” said Vishal Kapoor, CEO of Bandhan AMC.

Gold rate today Live: Gold prices on the MCX surged 1.87% or ₹2,594 per 10 grams to ₹141,413 per 10 grams as of 4:55 p.m. (IST) on Monday's commodity market session, compared to ₹138,819 per 10 grams at the previous market close, according to the Multi-Commodity Exchange data.

Silver rate today Live: Multi-Commodity Exchange (MCX) data shows that the silver prices surged 4.74% or ₹11,975/kg to ₹264,700 per kilogram as of 3:44 p.m. (IST) on Monday’s commodity market session, compared to ₹252,725 per kilogram at the previous market close.

A sustained move above ₹1,42,000 could open targets toward ₹1,45,000 to ₹1,48,000 in the near term. The preferred buy-on-dips zone remains ₹1,38,000 to ₹1,39,000, maintaining a firmly bullish overall strategy.

— Ponmudi R, CEO at Enrich Money

MCX Gold is preserving a clear higher-high and higher-low structure within a rising channel. A lifetime high of ₹1,41,499 has already been marked. The 20-day EMA near ₹1,38,000 continues to act as a reliable dynamic support, with pullbacks consistently attracting buyers.

Extending the early morning gains, the MCX gold rate today touched a new peak of ₹1,71,768 per 10 gm, eclipsing the previous high of ₹1,41,250 per 10 gm, which was made during the early morning session.

A breakout beyond ₹2,70,000 could drive prices toward ₹2,80,000 to ₹3,00,000. On the downside, a break below ₹2,55,000 may test the support zone between ₹2,48,000 and ₹2,45,000, where fresh buying interest is expected to emerge.

— Ponmudi R, CEO at Enrich Money

MCX Silver is firmly embedded within a strong bullish channel. Dips are being met with aggressive absorption, highlighting powerful underlying demand and positioning silver as a high-beta leader within precious metals. Sustained strength above ₹2,65,000 keeps the upside momentum intact.

— Ponmudi R, CEO at Enrich Money

COMEX Silver is trading firm near $83, after marking a lifetime high, and remains well above its short- and medium-term moving averages following a decisive breakout from consolidation. Momentum continues to be buyer-driven, supported by rising industrial demand from solar, EVs, AI, and electronics, alongside sustained safe-haven flows. While the $83 zone may see periodic profit-taking, a clear breakout above $85 could trigger the next leg higher toward $90–$95. Strong demand underpins the $78–$80 zone as a solid support base.

— Ponmudi R, CEO at Enrich Money

Following reports of a criminal investigation against US Fed Chair Jerome Powell, the US Dollar Index has slipped by around 0.25%. This is aiding the silver price rally. The silver price is already in a bull trend due to escalating tensions between the US and Iran.

— Anuj Gupta, a SEBI-registered commodity expert

The COMEX silver price is sustaining above $82 per ounce and the precious yellow metal almost touchd $85 target as well. Now the market is expecting a breakout above $85 levels. On sustaining above $85, the MCX silver price may soon touch $90 per ounce mark.

— Anuj Gupta, a SEBI-registered commodity expert

After a gap-up opening on Monday, the COMEX gold price extended the early morning gains and touched a new peak of $4,612.40 per ounce.

After a gap-up opening during the opening bell, the MCX silver price climbed to a new peak of ₹2,65,390 per kg, eclipsing the high of ₹2,63,996 per kg made during the early morning session on Monday.

After a gap-up opening on Monday, the COMEX silver price touched a new peak of $84.508 per ounce, eclipsing the previous high of $83.880 per ounce made during today's Opening Bell.

Silver Rate Today Live: COMEX silver price is trading firm near the $83 per ounce level, after marking a lifetime high, and remains well above its short- and medium-term moving averages following a decisive breakout from consolidation, noted Ponmudi R, CEO of Enrich Money.

“Momentum continues to be buyer-driven, supported by rising industrial demand from solar, EVs, AI, and electronics, alongside sustained safe-haven flows. While the $83 zone may see periodic profit-taking, a clear breakout above $85 could trigger the next leg higher toward $90 – $95. Strong demand underpins the $78 – $80 zone as a solid support base,” he added.

Silver Rate Today Live: MCX silver rate continues to trade near ₹2,61,000 – ₹2,62,000, firmly embedded within a strong bullish channel. Dips are being met with aggressive absorption, highlighting powerful underlying demand and positioning silver as a high-beta leader within precious metals. Sustained strength above ₹2,65,000 keeps the upside momentum intact, said Ponmudi R, CEO of Enrich Money.

According to him, a breakout beyond ₹2,70,000 could drive prices toward ₹2,80,000 – ₹3,00,000. On the downside, a break below ₹2,55,000 may test the ₹2,48,000 – ₹2,45,000 support zone, where fresh buying interest is expected to emerge.

Silver Rate Today Live: MCX silver prices for March contract has support near ₹2,58,000 per kg level, while resistance is seen at ₹2,63,000 level, said Jigar Trivedi, Senior Research Analyst at Reliance Securities.

According to him, support for MCX gold rate for February contract is placed at ₹1,39,000 per 10 grams level, and resistance at ₹1,41,000 level.

Silver Rate Today Live: MCX gold prices opened over half a percent higher on Monday. MCX gold rate opened 0.56% higher at ₹1,39,600 per 10 grams as against its previous close of ₹1,38,819 level. Gold price hit a high of ₹1,41,250 per 10 grams. MCX gold rate was trading higher by ₹2,007, or 1.45%, at ₹1,40,826 per 10 grams.

Silver Rate Today Live: MCX silver rate jumped over 4% on Monday amid global uncertainties. MCX silver prices opened higher by ₹10,109, or 4%, at ₹2,62,834 per kg as against its previous close of ₹2,52,725 level. It hit a high of ₹2,63,996 per kg.

Silver Rate Today Live: Silver prices surged sharply to new record levels as investors sought safety amid rising geopolitical uncertainty and growing expectations of easier US monetary policy. Here are key reasons:

> Persistent nationwide protests in Iran, reportedly resulting in significant casualties, kept markets on edge, with strong rhetoric exchanged between US and Iranian officials adding to tensions. These developments boosted demand for precious metals as traditional safe havens, said Ajay Kedia, Director, Kedia Advisory.

> Softer-than-expected US job growth in the latest payrolls report reinforced bets that the Federal Reserve could deliver interest-rate cuts later this year. Although policymakers are expected to keep rates unchanged in the near term, expectations of future easing continue to support bullion prices.

> The US dollar weakened after a brief rally as investors reacted to rising uncertainty around the Federal Reserve’s independence and softer economic signals. Weak dollar supported the gold and silver prices.

Silver Rate Today Live: Silver prices hit fresh record highs as bets on US interest rate cuts and geopolitical tensions bolstered demand for safe-haven metals. Investors closely monitored nationwide protests in Iran, now entering their third week. Markets also weighed prospects for additional US Federal Reserve rate cuts after Friday’s monthly jobs report showed job growth was below forecasts last month, said Jigar Trivedi, Senior Research Analyst at Reliance Securities.

Silver Rate Today Live: Copper prices rose on a weaker dollar and rising hopes of better demand as top buyer China plans to roll out a package of policies to spur domestic consumer demand. Copper contracts on the Shanghai Futures Exchange jumped 2.91% to 103,200 yuan ($14,792.94) per metric ton. It hit a record high at 105,500 yuan on January 6. Benchmark three-month copper on the London Metal Exchange climbed 1.22% to $13,156 per ton. The benchmark touched its all-time high at $13,387.5 on January 6.

Silver Rate Today Live: Gold and silver prices jumped as the US dollar fell broadly, while the US stock futures slid and Treasury futures rallied after the tension between the White House and the US central bank sharply escalated over the weekend, with the US Federal Reserve Chair Jerome Powell saying the administration had threatened him with a criminal indictment related to the Fed headquarters renovation.

Silver Rate Today Live: Donald Trump administration has threatened to indict Federal Reserve Chair Jerome Powell over Congressional testimony he gave last summer about a Fed building project, an action Powell called a “pretext” to gain more influence over the central bank and monetary policy, Reuters reported. Powell revealed the subpoenas and threats in a Sunday night statement.

Silver Rate Today Live:US gold futures rose 1.88% to $4,585.56 an ounce, while Spot gold price was up 1.45% at $4,575.82 an ounce, after hitting a fresh record high of $4,601.17 level. Silver prices jumped 4.85% to $83.19, after surging nearly 10% last week. Silver rate today hit a record high of $83.88 level.

Silver Rate Today Live: Gold and silver prices in the international market jumped to a record high on Monday amid a weak dollar.