“Record Highs for Gold & Silver: See 24K and 22K Rates in Your City (Jan 19)”
Gold, Silver Prices Hit Record Highs Today: Check 24K & 22K Rates (January 19)
Gold and silver surged on Monday, January 19, as investors turned to safe-haven assets amid rising geopolitical tensions. The jump came after US President Donald Trump threatened additional tariffs on European countries over Greenland, intensifying global uncertainty.
In Mumbai, 24-carat gold touched ₹1,45,690 per 10 grams, while 22K gold traded at ₹1,33,550 per 10 grams. Silver also hit an all-time high of ₹3,05,100 per kg in the spot market. (Rates exclude GST and making charges.)
Gold Prices Across Key Cities Today
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,33,700 | Rs 1,45,840 |
| Jaipur | Rs 1,33,700 | Rs 1,45,840 |
| Ahmedabad | Rs 1,33,600 | Rs 1,45,740 |
| Pune | Rs 1,33,550 | Rs 1,45,690 |
| Mumbai | Rs 1,33,550 | Rs 1,45,690 |
| Hyderabad | Rs 1,33,550 | Rs 1,45,690 |
| Chennai | Rs 1,33,550 | Rs 1,45,690 |
| Bengaluru | Rs 1,33,550 | Rs 1,45,690 |
| Kolkata | Rs 1,33,550 | Rs 1,45,690 |
[Here, a table of 22K and 24K gold rates across major Indian cities could be included for clarity.]
International Gold Market Update
Spot gold rose 1.5% to $4,663.37 per ounce by 03:35 GMT, after reaching an all-time high of $4,689.39.
US gold futures for February delivery jumped 1.6% to $4,669.90 per ounce.
The surge follows Trump’s promise to impose progressively higher tariffs on European allies unless the US gains Greenland. European diplomats are preparing retaliatory measures, further fuelling market uncertainty.
“Geopolitical tensions have given gold bulls yet another reason to push the yellow metal to new highs,” said Matt Simpson, senior analyst at StoneX. “With Trump threatening tariffs, this could shift political balances and intensify risk-aversion in global markets.”
Global investors have turned to safe-haven assets like gold, yen, and Swiss franc, while US stock futures and the dollar weakened.
- Factors Influencing Gold Prices in India
- Gold rates in India are shaped by:
- International market prices
- Import duties and taxes
- Currency fluctuations
Gold remains a preferred investment and cultural asset in India, especially for weddings and festivals. With market conditions changing rapidly, staying updated is essential for traders and investors alike.
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