Gold Surges ₹15,822 in Three Days: What's Driving the Rally? Experts Weigh In
Your Money
M
Moneycontrol•21-01-2026, 22:31
Gold Surges ₹15,822 in Three Days: What's Driving the Rally? Experts Weigh In
- •Gold futures on MCX surged by ₹7,774 to an all-time high of ₹1,58,339 per 10 grams on January 21.
- •Over three sessions, gold prices collectively rose by ₹15,822 (11.10%), breaking the ₹1.5 lakh mark.
- •Silver also hit new records for the third consecutive day, with March futures reaching ₹3,35,521 per kilogram.
- •International gold (Comex) crossed $4,800 per ounce, driven by global geopolitical uncertainty and trade war fears.
- •A weaker rupee (91.58 against dollar) makes gold imports more expensive, further boosting domestic prices.
Why It Matters: Gold and silver prices are soaring due to geopolitical tensions, safe-haven demand, and a weaker rupee.
✦
More like this
Loading more articles...
