Gold and Silver Prices Rise on Global Cues and Safe-Haven Demand
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Gold and Silver Prices Rise on Global Cues and Safe-Haven Demand

Gold and silver prices saw an increase on Friday, January 2, 2026, influenced by global factors and investor demand for safe-haven assets amid expectations of lower US interest rates. Gold reached approximately $4,385 per ounce internationally, continuing a strong performance from the previous year. Factors contributing to this rise include US tariffs, anticipated lower US borrowing costs, geopolitical uncertainties, central bank purchases, and increased investment in gold ETFs. Specific rates in major Indian cities like Delhi and Chennai showed corresponding increases for both 22K and 24K gold.

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