Silver Jumps ₹9,381, Gold Up ₹2,011 – Prices Near Record Highs

by

Bhupendra Singh Chundawat

Mumbai, 1 December 2025 (Daily Kiran). Bullion markets witnessed a massive surge on Monday as gold and silver prices recorded sharp gains. In a single session, silver became costlier by ₹9,381 per kg, while gold jumped ₹2,011 per 10 grams. Today 22 carat gold with GST opened at ₹1,21,929, 18 carat at ₹99,345 and 24 carat gold without GST at ₹1,28,602 per 10 grams.

Why Silver Surged

Silver prices have almost doubled this year and have maintained an upward trend for six consecutive sessions. The main reason is the widening gap between supply and demand. Increasing use of silver in Electric Vehicles, Solar Panels, 5G Infrastructure, Semiconductor and Medical Equipment has strengthened the demand for secure supply.

Latest Rates in Bullion Markets

With GST, 24 carat gold price reached ₹1,32,460 per 10 grams today, while silver touched ₹1,78,952 per kg. Today silver without GST opened at ₹1,73,740 per kg. On Friday, silver without GST closed at ₹1,64,359 per kg and gold without GST at ₹1,26,591 per 10 grams.

Gold is now just ₹2,272 cheaper than its 17 October All Time High of ₹1,30,874. Silver is also only ₹4,360 below its 14 October all-time high of ₹1,78,100. IBJA (India Bullion and Jewellers Association) releases rates twice daily—once around 12 noon and again around 5 PM.

Today’s Gold Rates by Carat

23 Carat Gold: Up ₹2,003 to ₹1,26,084 per 10 grams, ₹1,31,929 with GST

22 Carat Gold: Gained ₹1,842 to ₹1,17,799 per 10 grams, ₹1,21,332 with GST

18 Carat Gold: Up ₹1,509 to ₹96,452 per 10 grams, ₹99,345 with GST

14 Carat Gold: Gained ₹1,176 to ₹75,232 per 10 grams, ₹77,488 with GST

Price Rise This Year

This year so far, gold has become expensive by ₹52,862 per 10 grams, while silver has surged by ₹87,723 per kg.

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