As war fears grow and global power clashes intensify, trust in currencies is fading, pushing investors toward gold and silver as safe-haven assets in uncertain times.
Silver Breaks All Records in India On MCX, March silver futures jumped nearly 4%, rising by Rs 10,314 to hit a record Rs 2,63,996 per kg. In just one trading session, silver prices climbed by over Rs 10,000.Gold also rewrote the record books. February gold futures surged to Rs 1,41,250 per 10 grams, gaining Rs 2,000 as soon as markets opened. Internationally, gold crossed the $4,600 per ounce mark for the first time. Spot gold rose 1.3%, touching $4,600.33, while US gold futures gained nearly 2%. Silver, too, hit record highs globally — proving this rally isn’t limited to India.This ‘golden rally’ is driven by global turmoil — from political clashes in Washington to unrest in Tehran. When economic stability weakens, precious metals become the ultimate safety net.Market volatility has intensified due to a standoff between US President Donald Trump and Federal Reserve Chair Jerome Powell. A criminal probe into the Fed’s $2.5 billion renovation project has raised concerns over central bank independence, pushing investors away from the dollar and toward gold.Rising unrest in Iran, with over 500 reported deaths and threats against US military bases, has heightened war fears. Meanwhile, discussions around 500% US tariffs on BRICS nations, along with geopolitical tensions involving Venezuela and Greenland, have added to market instability.According to Prithvi Finmart’s commodity expert Manoj Kumar Jain, aggressive global politics are driving investors toward safe assets. While volatility will continue, silver may hold support near $65 per ounce, and gold could stabilise around $4,240 per ounce on a closing basis.Disclaimer: Investment views shared here reflect expert opinions. News18 Gujarati and its management are not responsible for these views. Always consult a financial advisor before making any investment decisions.
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On January 12, 2026, gold and silver prices surged sharply across Indian and global markets. Both precious metals touched all-time highs as investors moved away from paper currencies amid rising global uncertainty.
