The morning sun hadn’t yet fully lit up the market when news broke of another upswing in precious metal prices, setting the tone for Tuesday trading across India. Investors and households alike were already bracing themselves as gold and silver, two traditional safe-haven assets, continued their upward march amid global tensions and strong demand.
In small towns and big cities — from Delhi to Mumbai, Patna to Lucknow — the bullion market was buzzing. Gold prices climbed again: 24-carat gold hovered around ₹13,880–₹13,900 per gram (about ₹1,38,800–₹1,39,000 per 10 grams) on Tuesday, showing steady gains from the previous day. This increase wasn’t just a blip — it reflected a broader trend of investors seeking safety as uncertainties in global politics kept markets on edge.
Silver too lived up to its growing reputation as not merely a companion to gold but as a serious stand-alone play. Across India, silver was trading at around ₹253 per gram and about ₹2,53,000 per kilogram, reflecting a notable rise compared to recent days. Traders noted that both metals were benefiting from international demand, with spot silver prices near $78 per ounce, indicating strength beyond Indian borders.
What’s driving this surge? Analysts point to ongoing geopolitical tensions, particularly in the Americas, which have spiked safe-haven buying. Markets don’t like uncertainty, and when headlines are filled with conflict and risk, precious metals often shine brighter. Gold, traditionally a hedge against instability, has seen its appeal intensify — and silver, with strong industrial demand as well, has followed closely behind.
If you walked into a jeweller’s shop today hoping to bargain, you’d find that prices weren’t just up — they’ve been trending higher for days, nudging families and investors to rethink buying strategies. Some traders reported that silver, in particular, had jumped by thousands of rupees per kilogram compared to just a day earlier, underlining the speed of the rally.
In the backrooms of commodity exchanges like MCX, futures prices echoed the physical market’s optimism. Bulls dominated early trading sessions, lifting both gold and silver futures as traders priced in further gains. Savvy investors watching charts and headlines alike see the current rally as more than seasonal, possibly extending if global tensions persist.
For everyday buyers and holders of jewellery, this means higher costs at the market stall, and for investors, it signals a moment to evaluate portfolios: hold for long-term safety, or sell into strength? With prices climbing again today, the answer will vary with individual goals, but one thing is clear — gold and silver continue to glitter in the spotlight of global uncertainty.
Reviewed by Aparna Decors
on
January 06, 2026
Rating:
