Gold and silver prices surged to fresh all-time highs on Tuesday, reflecting renewed investor interest in precious metals amid ongoing global uncertainty. At around 11:45 am, gold was trading near ₹1,62,381, up 2.07%, while silver jumped sharply by 6.19% to ₹3,78,350, marking one of its strongest single-day gains this year.
Traditionally viewed as safe-haven assets, both metals tend to attract investor flows during periods of market stress. However, despite often moving together during risk-off phases, gold and silver behave very differently over longer time horizons. Gold is widely seen as a stable store of value, while silver’s sharper rallies and deeper corrections underline its cyclical and volatile nature.
The past year has been particularly strong for precious metals. Gold and silver have delivered exceptional performance, rising 18% and nearly 50% year-to-date, respectively. Gold’s rally has been supported by sustained central-bank buying, geopolitical risks and its role as a hedge against currency weakness. Silver has significantly outperformed gold, driven by rising industrial demand from sectors such as renewable energy, electric vehicles, electronics and semiconductors.
Market experts note that gold’s broader uptrend remains firmly intact, with prices holding above key support levels and attracting buying interest on every dip. Silver, while offering higher return potential, remains more sensitive to economic cycles and shifts in industrial demand, making it far more volatile than gold.
With prices near record highs, analysts advise investors to avoid chasing sharp rallies. Gold continues to offer relative stability and long-term protection, while silver is better suited for tactical allocations or smaller positions within a diversified portfolio, depending on individual risk appetite and investment horizon.
