Silver price today: ₹30,000 jump on MCX as gold hits new high and jewellers say sales slump

Silver futures on India's Multi Commodity Exchange shot up sharply on Tuesday, with the March contract gaining roughly 30,000 rupees per kg to hit a record 364,821. Gold futures also climbed, reaching a new high near 159,820 rupees per 10 grams, marking another significant move in bullion prices.

NSE:MCX · Precious Metals · Silver Price
Silver price stays above $100 after record spike as Fed decision looms

Silver price stays above $100 after record spike as Fed decision looms

Spot silver surged 4% to $108.05 an ounce by 11:35 a.m. EST Tuesday, following a record high of $117.69 in the previous session. Traders are digesting President Donald Trump’s new tariff proposals on South Korean imports alongside a looming U.S. government funding deadline. Silver has rallied over 50% so far in 2026, after jumping 146% last year. Bank of America’s Michael Widmer warned of “a lot of volatility ahead” amid the ongoing Federal Reserve meeting. Citi bumped its short-term silver target sharply, from $100 to $150 an ounce.
27 January 2026
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Silver price surges near record after $117 spike as Fed decision looms

Silver price surges near record after $117 spike as Fed decision looms

Silver prices surged on Tuesday, with spot silver climbing 8.4% to $112.57 per troy ounce by 10:12 a.m. GMT, after touching a record $117.69 the day before. Gold also gained, rising 1.6% to $5,092.09 as investors sought refuge in safe havens. “The constant back and forth on tariffs … is unlikely to curb safe-haven demand anytime soon,” said Zain Vawda, an analyst at MarketPulse by OANDA.
27 January 2026
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Gold price breaks $5,100 as silver spikes near $118 — what’s driving the metal rush

Gold price breaks $5,100 as silver spikes near $118 — what’s driving the metal rush

Gold surged past $5,100 an ounce Monday, with silver hitting another record high as investors flocked to precious metals amid renewed trade concerns. Spot gold reached $5,110.50 before easing back, while spot silver climbed to $117.69, staying above $113 in New York afternoon trading. “Gold prices continue to be supported by elevated geopolitical and economic uncertainty,” said Ryan McIntyre, president of Sprott Inc.
26 January 2026
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Silver price breaks $110 to a record as dollar slides on intervention talk and Fed focus

Silver price breaks $110 to a record as dollar slides on intervention talk and Fed focus

Silver prices surged past $110 an ounce on Monday, marking a new record as investors rushed into precious metals, shunning the dollar. Spot silver hit $110.06 and was last up 6.2% at $109.36 by 0841 GMT. The market jitters were fueled by Trump’s fresh tariff threat—a 100% tariff on Canada linked to a possible China trade deal. Heraeus Metals trader Alexander Zumpfe warned the sharp rally could trigger “sharp interim corrections.”
26 January 2026
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Silver price breaks $100 as safe-haven rush meets Fed week

Silver price breaks $100 as safe-haven rush meets Fed week

Silver prices climbed above $100 an ounce on Friday for the first time ever, ending a tough week for risk assets as investors flocked to safe havens amid renewed speculation of U.S. rate cuts. Spot silver jumped about 5%, hitting $100.94 a troy ounce by 1848 GMT. Gold also soared, hitting a record $4,988.17, while platinum set another fresh high. “Silver should continue to benefit from many of the same forces supporting gold investment demand,” said Philip Newman, director at Metals Focus.
24 January 2026
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Silver price surges toward $100 after record hit as Fed week looms

Silver price surges toward $100 after record hit as Fed week looms

Silver climbed 1.7% to $97.85 an ounce by 0851 GMT on Friday, after hitting a record $99.34 earlier, continuing a strong rally that’s also lifted gold and platinum to new highs. “Faith in the U.S. and its assets have been shaken, maybe permanently,” said Kyle Rodda, senior market analyst at Capital.com. The dollar index—which measures the greenback against six major currencies—hovered near a two-week low, down about 1% on the week. Traders are pricing in a Federal Reserve pause next week, with two rate cuts still expected in 2026.
23 January 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

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S&P Global

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#4 Buy on weakness

Amazon

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Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

U.S. index futures reopen at 18:00 ET

This is the clearest scheduled U.S.-market price-discovery point today and can transmit weekend news into equity-index futures before Monday's cash session.

#2

New Zealand retail sales at 18:45 ET

The Q2 retail package can move NZD and regional risk sentiment. Spillover to U.S. assets is usually secondary unless the result is unusually large.

#3

No scheduled domestic U.S. data or corporate reports

The absence of U.S. releases, earnings, IPO pricings and split events leaves fewer scheduled catalysts, increasing the relative importance of weekend headlines and positioning at the futures reopen.

View full calendar
Times and estimates may change. Verify before trading.