Gold and silver prices in Punjab and major Indian cities have hit historic highs on January 19, 2026, fueled by geopolitical tensions over Greenland and fears of a US-Europe trade war.
Current Prices (Punjab, Jan 19, 2026)
Prices show a sharp yearly rise, excluding 3% GST and making charges.
Metal/Purity Price (per 10g/kg)
24K Gold (10g) ₹1,43,930
22K Gold (10g) ₹1,31,950
18K Gold (10g) ₹1,07,920
Silver (1kg) ₹2,94,900 – ₹3,02,400
Rates are similar across Ludhiana, Amritsar, Jalandhar, and Chandigarh, with minor local variations.
Key Drivers
President Donald Trump’s push to acquire Greenland has sparked investor fears, prompting threats of tariffs (10% from Feb 1, rising to 25% by June) on resisting European nations like Denmark, France, and Germany. Gold acts as a safe-haven asset during such instability, with spot gold nearing $4,668 per ounce in Singapore. Verify latest rates with local jewelers before buying.