Gold and Silver Prices Reach Record Highs Amid Geopolitical Tensions on January 20, 2026

Gold and silver prices in India reached record highs on January 20, 2026, driven by escalating geopolitical tensions, including US President Trump's Greenland remarks and US-Europe trade disputes. Safe-haven demand, concerns over the US Federal Reserve's independence, and robust industrial demand for silver also supported the rally. Prices varied across major cities, with 24K gold rates around Rs 14,700 per gram. Analysts expect near-term consolidation but maintain a bullish long-term outlook amid ongoing global uncertainties.