Gold price today: MCX gold breaks Rs 1.5 lakh/10g as tariff fears lift silver and city rates
NEW DELHI, January 21, 2026, 03:25 (IST) Gold prices in India surged further into uncharted territory on Tuesday, with futures on the Multi Commodity Exchange (MCX) hitting Rs 1.5 lakh per 10 grams for the very first time. Investors rushed into safe-haven bets following new tariff threats between the U.S. and Europe. The shift is hitting retail quotes in major cities quickly, driving up jewellery prices and funneling more short-term funds into the futures market. Dealers noted this has also stretched the gap between screen trading prices and what buyers actually pay in physical markets. Gold took center stage worldwide.