Gold Price Soars Past Rs 1.60 Lakh, Hits Record High Amid Global Uncertainty
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News18•26-01-2026, 10:29
Gold Price Soars Past Rs 1.60 Lakh, Hits Record High Amid Global Uncertainty
- •Gold prices have crossed Rs 1.60 lakh per 10 grams in the Indian market, reaching a new record high.
- •Globally, gold exceeded $5,000 per ounce, driven by political uncertainty and demand for safe-haven investments.
- •In Mumbai, 24-carat gold hit Rs 1,60,250 per 10 grams, and 22-carat gold was Rs 1,46,890 per 10 grams (excluding GST and making charges).
- •Silver also reached a new all-time high, trading at Rs 3,35,000 per kilogram in the spot market.
- •Factors influencing gold prices include international rates, import duties, taxes, currency exchange rates, and strong central bank buying.
Why It Matters: Gold prices have surged to record highs globally and in India due to increased demand for safe-haven assets.
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