The Indian bullion market has witnessed a significant surge in gold and silver prices over the past week, capturing the attention of both investors and consumers. This upward trend is primarily driven by the strengthening of these precious metals in the international market and ongoing global tensions, which have fostered a positive sentiment in the commodity sector. This weekly rally has once again positioned gold and silver as attractive investment options,. Especially at a time when the Indian stock market is also demonstrating strong performance.
Weekly Surge in Gold Prices
Over the past week, the Indian bullion market has recorded a notable increase in gold prices. It has been a significant week for both investors and general consumers, as the yellow metal continued to shine brightly. According to available data, 22-carat gold prices saw an impressive rise of ₹760 per 10 grams. This increase is encouraging for those who have invested in gold, as well as for consumers who consider it a safe investment option. During the same period, the price of 24-carat pure gold also increased by approximately ₹750 per 10 grams. This indicates that there is strong demand for all forms of gold in the market, and it isn't limited to a specific category. This weekly surge has created a positive atmosphere in the market, leading to expectations that gold prices may maintain their strength in the coming days, provided support from the international market continues.
Latest Gold Prices in Major Cities (January 4, 2026)
On January 4, 2026, gold prices traded higher in major cities across the country, while in the capital city of Delhi, the price of 24-carat gold reached approximately ₹1,35,970 per 10 grams, a significant figure for investors. Meanwhile, the price of 22-carat gold was recorded at around. ₹1,24,650 per 10 grams, which is relevant for jewelry buyers. Mumbai, the financial capital, also saw similar trends in gold prices, with 24-carat gold trading at around ₹1,35,820 per 10 grams and 22-carat gold at ₹1,24,500 per 10 grams. These figures indicate uniformity in gold demand and value across the country, while similar rates were observed in other major cities like Chennai, Kolkata, Pune, and Bengaluru, signaling a consistent increase in gold prices nationwide. This is a clear indication that the rising gold prices aren't confined to a few specific regions but are being felt across the entire country.
Silver Shines Brighter: A ₹3100 Jump
Alongside gold, silver prices also witnessed a strong surge last week, surprising investors, while silver outperformed gold during this period, indicating its growing popularity and industrial demand. In the past week, silver prices recorded a substantial increase of approximately ₹3,100 per kilogram. Following this significant rise, the domestic price of silver reached around ₹2,41,000 per kilogram, while this figure makes silver an attractive investment option, especially for investors seeking higher returns. So far this year, silver prices have seen a tremendous increase of over 160 percent, which is considered a better performance than gold. This suggests that silver isn't only a precious metal but also a strong commodity that can yield good profits from investment. This shine of silver further strengthens its role as a safe-haven investment amidst global economic uncertainties.
Support from International Market
The Indian bullion market is receiving continuous strong support from the global market. Gold in the international market has reached new record levels, which is a major reason for the increase in domestic prices. Spot gold is trading around $4,392 per ounce, reflecting its global demand and popularity among investors. This high international price plays a crucial role in pushing gold prices. Upwards in the Indian market, as India is a major importer of gold. Last year, in 2025, gold recorded a tremendous gain of about 73 percent, demonstrating its historical strength, while this year, in 2026, it's also expected to continue its upward trend, driven by factors such as global economic uncertainties, geopolitical tensions, and inflationary pressures. This sustained strength of gold in the international market is also a positive sign for Indian investors, who consider it a safe and profitable investment option.
Indian Market Strength and Commodity Trends
Despite global tensions, the Indian market stood strong in 2025, and this trend has continued into 2026. In the past week, the Sensex, India's benchmark stock index, closed with a 0. 89 percent gain at 85,762. 01, reflecting the country's economic stability and investor confidence. This strength has also impacted the commodity market, where both gold and silver prices increased last week. This indicates that the Indian economy is showing resilience not only in the equity market but also in the commodity segment. For investors, this is a signal that diversifying across various asset classes is important. This rally in the commodity market is a result of both the global economic outlook and domestic demand, positioning India as a strong investment destination.
Implications for Investors and the Road Ahead
This weekly surge in gold and silver prices carries several implications for investors. It demonstrates that precious metals continue to be a safe-haven investment option during uncertain times. Amidst global tensions and economic fluctuations, gold and silver often maintain their luster, making them crucial for portfolio diversification. Gold's 73% increase in 2025 and silver's more than 160% increase in 2026 have highlighted the investment potential of these metals. However, continued volatility in prices may persist due to the strength of the international market, as experts believe, while investors are advised to closely monitor market trends and make informed decisions. It's clear that the commodity market currently has strong momentum, and this momentum is. Expected to continue in the near future, potentially benefiting those who invest in gold and silver.
