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Explained: What made gold price jump 9% in one day to beat silver

Summary by Times of India
Gold prices skyrocketed 9% on MCX after global investors rushed to safe-haven assets amid falling trust in paper currencies, Fed independence concerns, geopolitical tensions, and a weakening dollar. Silver also rallied, but gold outshone due to stronger safe-haven demand, central bank buying, and shifting market preference toward hard assets.

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Times of IndiaTimes of India
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Explained: What made gold price jump 9% in one day to beat silver

Gold prices skyrocketed 9% on MCX after global investors rushed to safe-haven assets amid falling trust in paper currencies, Fed independence concerns, geopolitical tensions, and a weakening dollar. Silver also rallied, but gold outshone due to stronger safe-haven demand, central bank buying, and shifting market preference toward hard assets.

·India
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Times of India broke the news in India on Thursday, January 29, 2026.
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