Gold prices surged to a new record above $5,000 per ounce as investors increased allocations to safe haven assets amid global economic uncertainty. Rising geopolitical risks persistent inflation concerns and expectations of prolonged monetary easing supported the rally. Strong institutional demand and central bank buying as additional factors driving momentum in precious metals markets during heightened volatility across equities currencies and bond markets worldwide

Gold and silver prices remained firm in Indian markets on January 26 with MCX gold trading near ₹61,600 per 10 grams and silver hovering around ₹73,500 per kilogram. City wise rates showed minor variations across Delhi Mumbai and Chennai. The movement reflects steady global cues currency trends and investor positioning ahead of upcoming macroeconomic signals influencing precious metal demand domestically