Silver, Gold Hit Fresh Record Highs in Delhi on Strong Domestic Buying

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Silver Extends Rally for Fifth Straight Session​

New Delhi, Jan 15: Silver prices continued their record-breaking surge in the national capital on Thursday, rising Rs 3,000 to touch a new all-time high of Rs 2,89,000 per kilogram, inclusive of all taxes. The white metal has now advanced for five consecutive sessions.

Silver had settled at Rs 2,86,000 per kg in the previous session. With the latest jump, prices have climbed nearly 16 percent, or Rs 45,500, over the past five trading days, rising from Rs 2,43,500 per kg on January 8.

The metal has also maintained its outperformance against gold for the second year in a row. Since December 31, 2025, silver prices have gained Rs 50,000 per kg, delivering returns of about 21 percent so far.

Gold Touches New Lifetime Peak​

Gold prices also extended their upward momentum for the fifth straight day, climbing Rs 800 to hit a fresh record of Rs 1,47,300 per 10 grams, inclusive of all taxes, in the domestic market. The yellow metal had closed at Rs 1,46,500 per 10 grams in the previous session.

Since the beginning of 2026, gold prices have risen by Rs 9,600 per 10 grams, marking a gain of nearly 7 percent.

Domestic Demand Drives Bullion Prices Higher​

The sustained rally in domestic bullion prices has been driven by continued buying from jewellers, stockists, and retail consumers, even as international markets showed signs of moderation.

International Prices See Mild Pullback​

In overseas markets, both gold and silver witnessed mild corrections after retreating from their recent record highs. Silver declined by USD 1.98, or 2.13 percent, to USD 91.20 per ounce, after touching an all-time high of USD 93.52 per ounce in the previous session.

Spot gold also edged lower by USD 12.22, or 0.26 percent, to USD 4,614.45 per ounce, after scaling a record high of USD 4,643.06 per ounce earlier.

The near-term consolidation in global bullion prices followed recent inflation-related data releases, which have influenced market expectations and led to some profit booking at elevated levels.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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