ZisNews - Breaking News & Updates

GOlder and atomic number 47 prices witnessed a upsurge at the commencement of 2026, with the former's prices peaking to a higher place USD 5,500 (AUD 7,900) per ounce for the first time on Thursday this week. In India, 24 karat gold reached record level of ₹1.8 lakh per 10 gram earlier this week before starting to drop.Silver, which gained even faster than gold, went more than USD 120 (AUD 172) per ounce last week. This was among its strongest run in decades, The Conversation reported. Track gold, silver prices today hereHowever, the safe-haven assets' prices crashed on Friday, with gold dropping to around USD 5068 (AUD 7,282), and silver to to USD 98.50.Also Read | Gold, silver prices drop sharply ahead of Budget speech, hit lower circuitAccording to the All India Sarafa Association, silver saw a sharp drop of 18.85 per cent ( ₹72,500) to ₹3,12,000 per kilogram (inclusive of all taxes), thus seeing a second day of heavy losses which wiped out much of this week's record gains.Gold prices also slid ₹3,500, or 2.07 per cent to ₹1,65,500 per 10 grams (inclusive of all taxes).Why are gold, silver prices seeing sharp volatility?Investors currently seek for safe-haven assets – something they can buy to protect their savings from financial risks – amid rising geopolitical tensions, shifting signals about where interest rates are headed, and trade war threats, The Conversation reported.The metals' crash on Friday came after financial markets reacted to United States President Donald Trump nominating Kevin Warsh as chair of the US Federal Reserve. The US Fed plays a central role in global financial stability.In the case of gold, central banks around the world are buying the metal at a rapid place, seeing it as a stable place to park value amid uncertainty. Apart from banks, retail investors are also looking at gold and silver as a hedge, and are engaging in momentum play, trying to buy in to keep up with others, according to the Conversation UK report.Silver surged more than 60 per cent in just the past month, outpacing even gold's impressive run of 30 per cent. The demand for silver, apart from it being a safe-haven asset, is driven by industrial uses, with the metal being critical for clean energy technologies, including solar panels, electric vehicles (EVs), and semiconductors.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Up, up, then down: Why are gold, silver prices seeing such fluctuation? Explained

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News