Gold Price Today: Gold Soars by ₹4640, Silver Jumps ₹19000 in a Week Amidst Rising Geopolitical Tensions

The precious metals market has experienced an extraordinary surge in prices over the past week, with both gold and silver registering substantial gains, while this remarkable upward trend is primarily attributed to the escalating geopolitical tensions worldwide, which have Notably boosted the demand for safe-haven assets. As of January 11, 2026, 24-carat gold has seen an increase of ₹4640 per 10 grams within a single week, while 22-carat gold has risen by ₹4250. Silver, not to be outdone, has also witnessed a bumper jump of ₹19000. Per kilogram over the same period, signaling a strong market response to global uncertainties.

Geopolitical Tensions Fuel Safe-Haven Demand

The primary catalyst behind this unprecedented rise in the prices of gold and silver is the intensifying geopolitical landscape. The growing tensions between the United States and Venezuela have created a climate of significant market uncertainty. Reports indicating a potential US attack on Venezuela and the capture of its President, Nicolas Maduro, and his wife, have sent ripples of concern across global financial markets. Such events typically prompt investors to seek refuge in assets perceived as safe havens, with gold and silver historically serving as the most preferred choices during times of crisis. On top of that, recent statements by the US President regarding Greenland have added another layer of geopolitical complexity. Donald Trump's suggestion that the US might either purchase or take possession of Greenland has drawn a stern response from Denmark, which has explicitly warned of using military force to defend Greenland if necessary. Both these situations contribute to a heightened sense of global instability, directly translating into increased demand for precious metals like gold and silver.

The Allure of Safe-Haven Assets

In times of geopolitical turmoil and economic uncertainty, investors traditionally. Turn to safe-haven assets to protect their wealth from market volatility. Gold and silver, with their intrinsic value and long-standing history as stores of wealth, are prime examples of such assets. Unlike currencies or stocks, which can be heavily influenced by political decisions and economic performance, precious metals tend to retain or even increase their value during crises. The current global environment, marked by the US-Venezuela conflict and the US-Greenland dispute, exemplifies the conditions under which the appeal of gold and silver as reliable hedges against inflation and instability becomes particularly strong, while this increased investor confidence in precious metals directly translates into higher demand and, consequently, higher prices in the market.

Detailed Analysis of Gold's Weekly Price Movement

The domestic gold market has experienced a strong upward trajectory on a weekly basis. The price of 24-carat gold has surged by an impressive ₹4640 per 10 grams, reflecting strong buying interest. Similarly, 22-carat gold has seen its value increase by ₹4250 per 10 grams, underscoring the broad-based demand for the yellow metal. As of January 11, 2026, 24-carat gold in the capital city of Delhi is priced at ₹140610 per 10 grams, a significant figure for both traders and consumers. The 22-carat gold rate in Delhi stands at ₹128900 per 10 grams, while globally, the international spot price of gold is trading at $4479. 38 per ounce. This international benchmark plays a crucial role in influencing domestic prices, as gold rates within India are a complex interplay of both domestic market dynamics and global economic and political factors.

City-Wise Gold Rates Across India

Across various major Indian cities, gold prices have mirrored the national and international trends, showing consistent upward movement. In Delhi, 24-carat gold is priced at ₹140610 per 10 grams, while 22-carat gold is at ₹128900 per 10 grams. Cities like Mumbai, Chennai, and Kolkata are currently reporting 22-carat gold at ₹128750 per 10 grams and 24-carat gold at ₹140460 per 10 grams, while pune and Bengaluru also show similar pricing, with 24-carat gold at ₹140460 per 10 grams and 22-carat gold at ₹128750 per 10 grams. Ahmedabad and Bhopal have recorded 22-carat gold at ₹128800 per. 10 grams and 24-carat gold at ₹140510 per 10 grams. Jaipur, Lucknow, and Chandigarh align with Delhi's rates, with 22-carat gold at ₹128900 per 10 grams and 24-carat gold at ₹140610 per 10 grams. This widespread increase across major urban centers highlights the pervasive impact of the current market conditions on gold prices throughout the country.

Silver Also Witnesses Significant Surge

Parallel to gold, silver prices have also experienced a remarkable surge on a weekly basis. The price of silver has climbed by an astonishing ₹19000 per kilogram within a week, making it an equally attractive asset for investors. As of the morning of January 11, silver is priced at ₹260000 per kilogram, reflecting its growing demand and increasing appeal as a safe-haven investment. In international markets, the spot price of silver is recorded at $76. 92 per ounce, indicating a strong global position for the white metal. The prices of both gold and silver within the country are influenced by a combination of domestic factors, such. As local demand and supply, and global factors, with geopolitical tensions playing a pivotal role in shaping these trends.

Interplay of Global and Domestic Factors

The prices of gold and silver are intricately linked to a complex interplay of both global and domestic factors. Internationally, geopolitical tensions, such as the US-Venezuela conflict and the US-Greenland dispute, act as significant drivers, pushing investors towards safer assets. When global economic and political uncertainty rises, investors tend to allocate their capital to gold and silver to safeguard their wealth, thereby increasing demand and prices. The international spot prices of these metals also directly influence their domestic counterparts. Domestically, factors like festive seasons, wedding demands, and other cultural events contribute to increased consumption, which can further drive up prices, while the exchange rate of the Indian Rupee against major currencies also plays a role, given India's status as a major importer of gold. This intricate blend of global instability and local market dynamics is collectively responsible for the current elevated prices of gold and silver, solidifying their status as crucial investment options in the present economic climate.