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Gold rates today: MCX gold rises ₹3,000 per 10g, silver jumps ₹16,500 per kg as global trade tensions resurface

Both gold and silver prices saw renewed buying interest in Monday's session, 19 January, hitting fresh historic highs as concerns over a potential escalation in global trade tensions strengthened the outlook for safe-haven assets. February gold futures on MCX opened higher at ₹1,43,321 per 10 grams, up from the previous close of ₹1,42,517, and went on to hit a new record high of ₹1,45,590 ( ₹2,983 higher), crossing ₹1.45 lakh for the first time and snapping a two-day losing streak. Silver prices, too, resumed their winning run, with March silver contracts on MCX gaining ₹16,438 per kilogram to reach yet another historic high of ₹3,04,200.

Gold rates today: MCX gold rises  ₹3,000 per 10g, silver jumps  ₹16,500 per kg as global trade tensions resurface

Credit: Livemint

Key Highlights

  • With today’s rally, prices have gained a cumulative ₹60,876 per kilogram in just seven trading sessions.
  • The rally also contributed to a 27% surge in January so far.
  • This followed a 170% rally in 2025, driven by geopolitical escalations, global trade tensions, monetary easing, ETF inflows, supply constraints, rising safe-haven demand, and a decline in exchange inventories.
  • It took less than nine months for silver to rise from ₹1 lakh to ₹2 lakh, and the next ₹1 lakh was achieved in under seven weeks.
  • Last year’s rally in both gold and silver prices has extended into early 2026 as fresh concerns have been added to existing headwinds, driven by US President Donald Trump’s capture of Venezuela’s leader, his renewed threats over Greenland tariffs, and violent protests in Iran.
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Sources

  1. Gold rates today: MCX gold rises ₹3,000 per 10g, silver jumps ₹16,500 per kg as global trade tensions resurface

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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