Overview
- Spot gold climbed about 2% to roughly $4,424 per ounce, with February futures near $4,434 after a recent pullback.
- Silver rose about 4% to around $75.50 per ounce in global trade, extending strong gains seen into early 2026.
- Pakistan’s 24-carat gold price jumped by Rs9,200 per tola to Rs464,762, with domestic silver also advancing.
- Indian retail rates moved higher, with 24-carat gold near ₹13,740 per gram and Chennai trading at a premium to other metros.
- Analysts cited US–Venezuela tensions after President Trump’s Truth Social post claiming Nicolás Maduro’s capture, which remains unverified, alongside supportive 2026 outlooks from surveys and institutions.