06 Jan 2026 | 5 Mins Read
MCX gold consolidates, silver prices soar to record peak nearing
Flipitmoney
Gold prices surged 0.50% or ₹656 to ₹1,38,776 per 10 grams, edging closer to a record ₹1.4 lakh. Silver prices advanced ₹6,025 to ₹2,52,180, nearing its all-time high of ₹2,54,174. Platinum rose 3.56% to $2,356 per ounce, while palladium climbed 3% to $1,752 due to tight supply, tariffs, and a rotation from gold investment demand, fueled by rising geopolitical tensions and US monetary policy bets.