Gold price today: India’s gold hits fresh record as global bullion tops $4,600 and silver jumps
MUMBAI, Jan 12, 2026, 16:50 IST Gold prices in India hit new highs on Monday, pushing up futures and retail rates amid a global rush to safe-haven assets. This shift hits Indian consumers and jewellers directly, as daily price boards in key cities climb alongside a surge in global dollar-denominated gold. Traders are also watching the rally as a test of risk appetite, with the dollar weakening amid renewed doubts over U.S. policy risks. Spot gold hit a record high of $4,600.33 an ounce, while silver surged to $84.60, Reuters reported. The spike followed a criminal investigation into Federal Reserve