In India, gold has always held a special place in people’s lives. Even for small auspicious occasions, many families feel it is good to buy at least a little gold. Wearing gold jewellery is also seen as a status symbol by many. If there is even a small financial opportunity, people prefer to buy and keep some gold, believing it will be useful during future financial difficulties.
This thinking is not limited to common people alone. Investors also look at gold in the same way. From small investors to government central banks, gold is considered a reliable investment option. Whenever there is uncertainty in the global economy, people tend to buy and store gold. As demand increases, prices also move up. That is exactly what is happening now.
Due to global developments, gold and silver prices are moving at record levels. Last week, both gold and silver touched all-time highs and created new records. This article takes a closer look at last week’s price trends and also explains what experts expect in the coming days.
Gold Touches New Records
Over the past few months, rising gold prices have been troubling common buyers. In the last week, prices created fresh all-time records. Global geopolitical uncertainty and strong statements from the US President shook international markets, pushing gold and silver prices sharply higher.
In the third week of January, gold prices in Indian markets reached levels never seen before. In major cities like Hyderabad, the price of 24-carat gold crossed ₹1,60,000 per 10 grams, setting a new record.
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Sharp Rise During the Week: Prices were stable at the beginning of the week but jumped by nearly ₹7,000 in a single day during mid-week, surprising even experienced investors.
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Silver Follows Gold: Silver also moved in the same direction. The price of silver touched a high of ₹3,65,000 per kg. Although there was some profit booking towards the weekend, the overall trend remained positive.
Key Reasons Behind the Rise in Gold and Silver Prices
The sharp rise in international gold prices is not due to one single reason. Several global factors have come together:
1. Greenland Issue and Geopolitical Tensions
Comments made by US President Donald Trump regarding Greenland and US military control created fear in global markets. During such uncertain times, investors prefer safe assets like gold.
2. Tariff War Concerns
Warnings about imposing heavy tariffs on imports from Canada and European countries affected global trade sentiment. Stock markets turned volatile, pushing investors towards gold.
3. Weak Dollar and Central Bank Buying
As the US dollar weakened, gold became cheaper for other countries. At the same time, central banks of countries like China, India and Brazil reduced their dollar reserves and increased gold purchases, strongly supporting prices.
What to Expect This Week? Market Outlook
Market experts believe the coming week could show mixed trends.
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Profit Booking: Since prices are already at record highs, some investors may book profits. This could lead to a short-term correction of around ₹2,000 to ₹4,000.
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Bullish Trend Remains: If global tensions continue, gold prices could move towards $5,400 per ounce in international markets, according to estimates by firms like Goldman Sachs.
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Wedding Season Demand: With the wedding season approaching in India, domestic demand is expected to stay strong. Prices may rise gradually, though sharp jumps may be limited.
At present, gold prices remain high for common buyers. Experts suggest using small price dips as buying opportunities instead of waiting for a major fall.
Important Note
Gold and silver prices are changing very fast. Local taxes and market conditions may also cause price differences from city to city. Buyers should always check the latest rates before making a purchase. Those planning to invest in gold or silver should consider market risks and follow the advice of financial experts.
Gold and Silver Price Trends Last Week
Below are the average gold and silver prices recorded in major Indian cities, especially Hyderabad and Vijayawada, from January 19 to January 25, 2026. Daily prices may vary slightly due to market fluctuations.
Last Week Gold and Silver Prices (January 19–25, 2026)
| Date | 22 Carat Gold (10 g) | 24 Carat Gold (10 g) | Silver (1 kg) |
|---|---|---|---|
| Jan 19 (Mon) | ₹1,36,050 | ₹1,48,410 | ₹3,05,000 |
| Jan 20 (Tue) | ₹1,37,160 | ₹1,49,630 | ₹3,15,990 |
| Jan 21 (Wed) | ₹1,42,160 | ₹1,55,100 | ₹3,24,930 |
| Jan 22 (Thu) | ₹1,43,560 | ₹1,56,610 | ₹3,45,100 |
| Jan 23 (Fri) | ₹1,45,420 | ₹1,58,640 | ₹3,35,790 |
| Jan 24 (Sat) | ₹1,47,180 | ₹1,60,540 | ₹3,65,000 |
| Jan 25 (Sun) | ₹1,47,180* | ₹1,60,540* | ₹3,65,000* |
*Prices remained unchanged as markets were closed.
