Gold and Silver Prices Rise on Safe-Haven Demand and Rate Cut Expectations
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Gold and Silver Prices Rise on Safe-Haven Demand and Rate Cut Expectations

Gold and silver prices continued their upward trend on January 2nd, extending a winning streak driven by safe-haven demand and anticipation of US Federal Reserve rate cuts. Gold traded at ₹1,36,401, while silver saw a significant jump. Other precious metals like platinum and palladium also experienced gains. This rally follows a period of profit booking earlier in the week, with 2025 being a strong year for precious metals overall, supported by central bank buying and ETF holdings.

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