In the first 20 days of 2026, gold and silver prices saw massive gains of ₹15,000-16,000 per 10 grams (24K) and ₹74,000-75,000 respectively, putting the share market and investors in a tight spot.
SNPNEWS.IN News (Gurmail Kamboj): Central banks around the world are accumulating gold and silver in their reserves instead of the US dollar, China has imposed conditions on silver exports, deteriorating domestic situations and fears of wars worldwide, US President Donald Trump’s policies, industrial usage, etc., are making gold, silver, and other precious metals appear as the safest investment options for investors.
Due to massive investments in gold and silver by investors worldwide, both metals have seen unprecedented demand and sharp rallies in the first 20 days of 2026. At the start of the year, gold was priced at ₹1,34,000-1,35,000 per 10 grams (24K), which has now crossed ₹1,50,000. A rise of over 10% in just 10 days has pushed gold out of reach for common people.
Read It: Stock Market Crash On Monday 2025
Silver had already surged 150-170% in 2025. Starting 2026 at around ₹2,30,000, it has now crossed ₹3,00,000 per kg, marking a gain of over ₹74,000. These precious metals have been supported by global uncertainty (such as US tariffs, geopolitical tensions).During this period, massive selling by foreign investors (FIIs) in the Indian share market (outflow of over ₹29,000 crore), threats of US tariffs (impact on Indian exports), disappointment in corporate earnings, and rupee weakness (91+ per dollar). In the last 5-10 days, Sensex fell over 2,000 points and Nifty over 600 points.
On January 1, the market indices were trading near Nifty ≈ 26,146-26,173 and Sensex ≈ 85,188-85,220. At market close today, Nifty stood at 25,232.50 (down ≈914 points or about 3.5%), Sensex at 82,180.47 (down ≈3,000+ points or about 3.5-4%). This decline accelerated mainly in the last 5-7 days, with the biggest single-day drop on January 20 (Sensex -1,065 points, Nifty -353 points).
In early January, market cap was around ₹465-472 lakh crore, which fell to ₹455 lakh crore by January 20. This decline has caused a loss of approximately ₹9-10 lakh crore in the market capitalization of BSE-listed companies.