Gold-Silver Rate: Gold-silver prices broke records… Gold reached Rs 1.38 lakh and silver crossed Rs 2.23 lakh.

New Delhi. Gold and silver prices hit record highs on Wednesday as investors piled heavily into safe investment options amid rising geopolitical tensions and rising expectations of the US Federal Reserve cutting interest rates next year. Gold prices continued to rise in the third session and contracts for delivery in February 2026 rose by Rs 791, or 0.57 per cent, to a record Rs 1,38,676 per 10 grams on the Multi Commodity Exchange (MCX).

On the other hand, the price of silver continued to rise for the fourth consecutive session and the price of contracts for delivery in March 2026 on Multi Commodity Exchange (MCX) rose by Rs 4234, or 1.93 percent, to an all-time high of Rs 2,23,887 per kg.

At the global level too, gold and silver prices remained on the rise. Comex gold futures rose 1.10 percent to a record $ 4,555.1 an ounce. Silver futures rose 2.23 percent to a new record high of US $ 72.75 an ounce.