Gold prices surge sharply as global tensions fuel safe-haven demand

Gold prices recorded a strong weekly rally, with 24-carat gold rising ₹4,640 per 10 grams, while silver surged ₹19,000 per kilogram. The sharp gains are driven by heightened global uncertainty and increased demand for safe-haven assets.

Post Published By: Sona Saini
Updated : 11 January 2026, 7:58 AM IST
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New Delhi: Gold and silver prices in India have seen a sharp rise over the past week. Rising geopolitical tensions in the international market and growing demand for safe-haven investments have pushed precious metals to new heights. According to the latest data released on January 11, 2026, both gold and silver are trading near record levels.

Gold became costlier by ₹4,640 in a week

Gold prices have seen a sharp rise on a weekly basis. 24-carat gold has appreciated by ₹4,640 in a week, while the price of 22-carat gold has increased by ₹4,250. In the national capital, Delhi, 24-carat gold reached ₹1,40,610 per 10 grams on January 11, 2026, while the price of 22-carat gold is ₹1,28,900 per 10 grams.

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In the international market, the spot price of gold remains at $4,479.38 per ounce, reflecting its strength.

Today's Gold Rates in Major Cities

In metropolitan cities like Mumbai, Chennai, and Kolkata, 24-carat gold is selling at Rs. 140,460 per 10 grams, and 22-carat gold at Rs. 128,750 per 10 grams.

Pune and Bengaluru are seeing similar rates. Gold prices in cities like Jaipur, Lucknow, and Chandigarh remain at similar high levels as in Delhi.

Major Reason for the Rise: Global Tensions

According to experts, rising tensions between the United States and Venezuela have driven investors toward safer options. Developments related to Nicolas Maduro and military concerns have increased market uncertainty.

In addition, Donald Trump's recent rhetoric on Greenland has further fueled tensions. Denmark's strong reaction to Greenland has also made investors cautious.

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Silver sees a massive jump of ₹19,000

Not just gold, silver has also surprised investors. Silver prices have risen by ₹19,000 in a week. On the morning of January 11th, silver reached ₹260,000 per kilogram. The spot price of silver in the international market is trading at $76.92 per ounce.

What will the future hold?

Market experts believe that as long as global uncertainty and geopolitical tensions persist, gold and silver prices may remain strong. These precious metals may remain attractive options for investors in the coming days.

Location : 
  • New Delhi

Published : 
  • 11 January 2026, 7:58 AM IST

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