With the prices of gold and silver bullion making all-time highs, many people are thinking about turning grandma’ s sterling silver flatware or grandpa’ s collection of gold coins into

Gold and silver prices hit record highs in both international and local markets on Monday. In the international bullion market, the price of gold per ounce surged by $109 to $5,097. In local markets, the price of gold per tola rose by Rs10,900 to Rs532,062, while gold per 10 grams increased by Rs9,345 to Rs456,157.

Silver prices continued its remarkable performance, outperforming gold for yet another session in the bullion markets. The white metal skyrocketed by Rs 40,500, or 12.3 per cent, to hit a new peak of Rs 3,70,000 per kilogram.The metal had settled at Rs 3,29,500 per kilogram in the previous market session.

The bullion market opened with the following rates: 1 gram of 22 karat gold priced at Rs 13,280, 1 gram of 18 karat gold at Rs 11,090, and 1 gram of silver at Rs 310. These rates are reflective of Saturday's market conditions.

Gold price surged above $5,300 for the first time. Silver prices also surged over 7%, extending the historic rally on rising safe-haven demand amid economic and geopolitical uncertainty.

Gold prices in Hyderabad stayed near record highs on January 29, 2026, with 24K gold at ₹16,709 per gram, while silver remained strong above ₹4,00,100 per kg ahead of the Union Budget.

Banks can still play a role in the precious metals market, but buying physical silver isn't always straightforward.

The People’s Bank of China has issued today (January 15, 2026), the 2026 Chinese Dragon Silver Bullion Coin. This