Silver soars Rs 21,400, nears Rs 4 lakh mark; gold jumps Rs 4,800 to fresh record high. Is it too late to buy?

Gold and silver futures opened higher on Wednesday, January 28, 2026, hitting fresh lifetime highs on the MCX amid strong safe-haven demand and rising geopolitical tensions. Investors now await the US Federal Reserve’s policy decision, with any signal of a rate pause or easing likely to boost market sentiment and support further gains in precious metals.