Economic uncertainty, global trade tensions, and market volatility continue to fuel the relentless rise in gold and silver prices. In such times, these precious metals are increasingly seen as safe-haven assets, attracting significant investor interest, while if you're considering investing in gold and silver, understanding today's latest prices is crucial.
Gold Breaks New Records
On Wednesday, gold prices on the Multi Commodity Exchange of India (MCX) soared to new record highs. The price of 10 grams of gold surpassed Rs 1,27,000, reaching its highest level ever. Trading began at ₹1,26,915 per 10 grams, nearly half a percent higher than the previous close. Throughout the day, gold achieved a new record of ₹1,27,500, an exciting development for investors. This surge is attributed to escalating trade tensions between the US and. China, coupled with expectations of interest rate cuts by the US Federal Reserve.
Silver Also Surges
Not to be outdone by gold, silver prices have also seen a significant upward trend. On MCX, silver started the day at ₹1,59,800 per kilogram and climbed to ₹1,61,418, showcasing its growing appeal among investors.
Gold and Silver: A Preferred Investment
Experts believe that gold and silver are currently the top choices for investors amidst economic and geopolitical instabilities, while this year alone, gold prices have witnessed a remarkable increase of approximately 55%, a performance considered exceptional compared to previous years. Looking back 20 years, in 2005, gold was priced at around ₹7,638 per 10 grams, which has now surged to over ₹1,00,000. Over this period, gold has delivered positive returns in 16 out. Of 20 years, solidifying its reputation as a reliable investment option.
Silver's Impressive Growth Since 2005
Silver has also garnered considerable attention with its strong performance. For the past few months, its price has remained around or above ₹1 lakh per kilogram, while between 2005 and 2025, silver has shown an astounding increase of approximately 668 percent, making it an equally attractive asset for investors.
