Gold, silver prices touch fresh all-time highs on Tuesday:Silver at ₹3.05 lakh/kg, gold ₹1.46/10 gm

Gold and silver prices touched fresh all-time highs for the second-consecutive day on January 20. According to the India Bullion and Jewellers Association (IBJA): · Gold rose by ₹2,429 to ₹1,46,375 per 10 grams, up from ₹1,43,946 on Monday. · Gold has gained ₹13,180 so far in 2026. Silver created history in the bullion market: · Silver jumped ₹10,888 to ₹3,04,863 per kg, crossing the ₹3 lakh mark for the first time. · On MCX, silver had already crossed ₹3 lakh on Monday. · In just 20 days, silver prices have surged by ₹74,443 this year.
Gold up 75%, silver jumps 167% in 2025 · Gold: Rose by ₹57,033 (75%) From ₹76,162 (Dec 31, 2024) to ₹1,33,195 (Dec 31, 2025) · Silver: Surged by ₹1,44,403 (167%) From ₹86,017 to ₹2,30,420 per kg 3 key reasons behind the silver rally 1. Industrial Demand: Massive use in solar panels, electronics, and EVs has turned silver into a critical industrial metal. 2. Tariff Fears in the US: American firms are stockpiling silver, tightening global supply. 3. Advance Buying: Manufacturers are purchasing aggressively to avoid future supply disruptions. Silver may touch ₹4 lakh this year: Experts · Motilal Oswal: ₹3.20 lakh per kg in 2026; buy on dips. · Samco Securities: ₹3.94 lakh based on technical breakout. · Nilesh Surana: $100 per ounce (₹3.5–4 lakh) driven by green energy demand. · Ponmudi R (Enrich Money): Long-term bullish trend intact. · Robert Kiyosaki: Silver could shock markets by reaching $200 per ounce by 2026. 3 major reasons behind gold’s surge 1. Weak Dollar: US rate cuts reduced holding costs, boosting gold demand. 2. Geopolitical Tensions: Russia-Ukraine war and global instability increased safe-haven buying. 3. Central Bank Buying: Countries like China are adding over 900 tonnes of gold annually to reserves.