The prices of silver and gold have reached new highs in the bullion market today, with silver making a remarkable jump of ₹11,760 per kilogram and gold edging closer to ₹1.5 lakh per 10 grams. This surge reflects strong momentum in precious metals trading across MCX and local markets.
Silver Price Soars
According to the latest rates released by the India Bullion and Jewellers Association (IBJA), silver has reached ₹2,93,650 per kilogram excluding GST. Including GST, the price has crossed ₹3,02,459 per kilogram. This represents a significant rise compared to Friday’s closing rate of ₹2,81,890 per kilogram (excluding GST). In just 19 days this year, silver has increased by ₹63,230, showing a growth nearly six times faster than gold.
Gold Prices Near ₹1.5 Lakh
Gold prices have also climbed sharply, with 24-carat gold now trading at ₹1,48,297 per 10 grams including GST. The opening price excluding GST stood at ₹1,43,978 per 10 grams today. Other carat varieties have seen similar gains: 23-carat gold rose by ₹2,375 to ₹1,43,401 per 10 grams (₹1,47,703 including GST), 22-carat gold increased by ₹2,185 to ₹1,31,884 (₹1,35,840 including GST), 18-carat gold went up by ₹1,789 to ₹1,07,984 (₹1,11,223 including GST), and 14-carat gold rose by ₹1,395 to ₹84,227 (₹86,753 including GST).
Market Update and Historical Comparison
The IBJA publishes gold and silver rates twice daily, around 12 noon and 5 pm. Friday’s closing prices showed gold at ₹1,41,593 per 10 grams and silver at ₹2,81,890 per kilogram, excluding GST. For perspective, on Dhanteras, gold was ₹1,32,400 per 10 grams and silver ₹1,70,000 per kilogram. Today, silver prices have crossed the ₹3 lakh mark in Delhi’s bullion market, while gold continues its upward trajectory.
Investors and traders are closely watching these developments as precious metal prices reach historic levels amid market volatility. Variations of ₹1,000 to ₹2,000 may occur depending on local market conditions.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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