Gold and silver prices in India touched a historic peak today. According to the India Bullion and Jewellers Association (IBJA), gold prices surged by ₹2,105 to reach ₹1,04,493 per 10 grams, while silver shot up by ₹5,228 to ₹1,22,800 per kg.
Earlier, gold was priced at ₹1,02,388 per 10 grams and silver at ₹1,17,572 per kg.
📊 Gold Prices in Key Cities (24K & 22K Today)
Delhi: 24K – ₹1,06,030 | 22K – ₹97,200
Mumbai: 24K – ₹1,05,880 | 22K – ₹97,050
Kolkata: 24K – ₹1,05,880 | 22K – ₹97,050
Chennai: 24K – ₹1,05,880 | 22K – ₹97,050
Bhopal: 24K – ₹1,05,910 | 22K – ₹97,100
📈 Gold Becomes Costlier by ₹28,331 in 2025
On January 1, 2025, gold was priced at ₹76,162 per 10 grams.
Today, it stands at ₹1,04,493 per 10 grams.
That means gold has become ₹28,331 costlier this year so far.
Silver too has risen sharply — from ₹86,017 per kg at the start of the year to ₹1,22,800 today, a jump of ₹36,783.
In comparison, during 2024, gold had risen only by ₹12,810 in the entire year.
🔮 Expert View: Gold May Touch ₹1.08 Lakh This Year
Market expert Ajay Kedia, Director, Kedia Advisory, said:
“Geopolitical tensions and US tariffs are boosting demand for gold. This year, gold can touch ₹1.08 lakh per 10 grams, while silver may reach ₹1.30 lakh per kg.”
💡 5 Big Reasons Why Gold Prices Are Rising
Global Uncertainty – Trump’s tariff plan and fear of a trade war push investors towards gold as a safe-haven.
Central Bank Buying – Countries like China & Russia are stocking up on gold, increasing global demand.
Russia-Ukraine War – Ongoing instability drives people to invest in safe assets like gold.
Inflation & Interest Rates – Fears of inflation and low US Fed rates make gold attractive.
Rupee Weakness – A weaker rupee against the dollar adds to the rising cost of imported gold.
✅ Buying Tip: Always Choose Hallmarked Gold
When buying jewellery, ensure it has the BIS hallmark with a 6-digit alphanumeric HUID code (e.g. AZ4524). This confirms purity and authenticity.