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Gold price dips slightly, silver rises on January 1, 2026

Gold prices edged lower and silver prices rose on January 1, 2026 due to currency strength and demand variations in the Indian market.
On January 1, 2026, domestic gold prices in India recorded a slight fall while silver prices moved higher amid mixed demand conditions. The marginal decline in gold was attributed to a stronger rupee against the dollar and subdued buying from jewellers after the holiday period. In contrast, silver saw increased traction due to higher industrial demand and speculative interest. Global commodity trends, currency fluctuations, and seasonal factors continued to influence precious metals pricing dynamics.