Gold and silver prices surge amid rising global geopolitical tensions

Gold and silver prices witnessed a sharp rise once again on Monday, driven by increasing geopolitical instability following the United States’ attack on Venezuela. The renewed global uncertainty has prompted investors to turn to precious metals as safe-haven assets, leading to a spike in prices after markets reopened following a two-day holiday.

According to market sources, silver prices jumped by ₹8,000 per kilogram in a single day, while gold prices rose by around Rs 1,500 per 10 grams.

As per today’s rates, 22-carat gold increased by Rs 1,450 per 10 grams to reach Rs 1,25,950, while 24-carat gold rose by Rs 1,580 per 10 grams to Rs 1,37,400.

Silver also recorded a significant surge, with prices climbing by Rs 8,000 per kg to reach Rs 2,65,000 per kg.

Market analysts said the impact became evident after trading resumed following a two-day break, reflecting heightened investor sentiment amid global developments. Experts noted that continued volatility in international markets has once again reinforced gold and silver as the safest investment options during times of geopolitical and economic uncertainty.

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Traders are closely monitoring global cues, as further escalation in international tensions could lead to additional fluctuations in precious metal prices in the coming days.