Gold and Silver Prices Reach Record Highs Amid Geopolitical Tensions and Market Uncertainty

Gold and silver prices reached record highs on January 19, driven by rising geopolitical tensions and safe-haven demand. MCX gold futures surged over 2% to 1,45,500 per 10 grams, while silver futures crossed Rs 3 lakh per kg for the first time. The gains followed US President Donald Trump's tariff threats on Greenland and ongoing US-Iran uncertainties. Despite recent fluctuations, gold remains near historic levels amid expectations of US Federal Reserve rate cuts and global risk factors.