Precious metals kicked off the New Year on a firm note, supported by strong global cues and renewed investor interest. Silver prices led the gains, with MCX silver rising 1.9%, or ₹4,600, to trade at ₹2,40,500 per kg on Multi Commodity Exchange of India.
In the international market, spot silver climbed 2.1 percent to USD 72.75 per ounce, after touching an all-time high of USD 83.62 earlier this week. Silver ended 2025 with a staggering 147 percent rally, its strongest year on record. Spot gold also advanced 0.8% to USD 4,346.69 per ounce, while US gold futures gained 0.5% to USD 4,360.60 per ounce.
