Gold and silver surged to fresh all-time highs, with gold touching $4,970 (~₹1,59,200) and silver hitting $99.2 (~₹3,40,000), marking their strongest weekly performance since March 2020. The rally has been supported by lingering geopolitical risks, and sustained safe-haven demand.

Gold and silver prices saw profit-booking as geopolitical tensions briefly eased after U.S. President Donald Trump withdrew his threat of new tariffs on European nations and signalled a softer stance on Greenland, saying a “framework of a future deal” had been agreed. His assurance that force would not be used weighed on bullion prices and reduced immediate safe-haven demand.

Against the backdrop of rising geopolitical risk and macro uncertainty, gold demand has strengthened sharply, with prices potentially extending their rally toward $5,000/oz as risk-off sentiment persists.

Gold and silver traded close to record highs as global risk sentiment has risen following U.S. President Donald Trump’s remarks on Greenland

Gold and silver are consolidating around record levels as some of the recent political risk premium has eased.

Gold and silver pulled back sharply from their record highs of $4650 and $93, respectively, after U.S. President Donald Trump refrained from announcing new tariffs on imports of critical minerals.

Gold and silver surged to new all-time highs, with gold surpassing $4,600 and silver reaching over $86, as investors rushed toward safe-haven assets. The rally was driven by rising concerns over the independence of the U.S. Federal Reserve, escalating geopolitical tensions, and renewed trade-related uncertainty.

The overall performance reflects a strong and consistent outcome across both gold and silver recommendations. Target achievement remained robust, with 63 out of 70 recommendations meeting their intended targets. This translated into an overall success rate of 91%, underpinned by 89% success rate in gold recommendations and an exceptional 94% success rate in silver recommendations.

Silver fell 5% to $74 yesterday as investors braced for the yearly rebalancing of major commodities indices, which will result in billions of dollars’ worth of futures contracts being sold in the coming days.

Precious metals saw profit-booking as traders locked in profits ahead of the US NFP report, as investors weighed mixed US economic data, while geopolitical risks remained a significant focus.

Precious metals prices are underpinned by increased safe-haven demand amid heightened geopolitical concern following weekend events in Venezuela, as well as rising expectations on Federal Reserve rate reduction after the release of poor U.S. manufacturing PMI data.

Precious metals began the New Year with gold climbing 1% and silver rising 3%, extending their surge after huge gains in 2025, as geopolitical worries and optimism for lower interest rates this year kept safe-haven demand strong.