India's Gold and Silver Prices Surge Amid Global Tensions

On 27 July 2026 Indian gold prices rose to around ₹1.44 lakh per 10 g, with the Indian Bullion and Jewellers Association (IBJA) reporting a record‑close of ₹1,43,780 per 10 g. Silver also climbed to roughly ₹2.4 lakh per kilogram. The spikes reflect international market moves where gold hovered near $4,103 per ounce and silver around $60 per ounce on the COMEX. Analysts cite heightened US‑Iran tensions and rising crude‑oil prices as drivers of safe‑haven buying, prompting traders across Delhi, Mumbai, Kolkata, Chennai, Pune and Bengaluru to bid up rates.

Domestic futures on the MCX opened with gold futures up about ₹757 and silver futures up ₹2,266 from the previous close, mirroring the global rally. The heightened prices have focused investor attention on further market movements as the commodity rally continues.