Gold and silver prices have created a big shock in the bullion market today as both metals recorded a sharp upward movement. The sudden rise in 10-gram gold rates and the massive jump in silver prices over the last three days have surprised buyers ahead of the wedding and investment season. Here is the complete Google Discover–friendly update on today’s gold and silver prices in India.
Gold Prices Rise Strongly: What Happened Today?
Gold prices in India witnessed a major surge as global trends pushed the yellow metal to multi-week highs. International market demand, rupee fluctuation and investor sentiment are the main reasons behind today’s sharp rise.
The price of 24K gold and 22K gold has climbed significantly across major cities, increasing the overall cost of jewellery, coins and bullion.
This sudden spike comes at a time when festive and wedding purchases are high, putting extra pressure on retail prices.
Today’s Gold Rate (India-Wide Update)
Gold prices vary depending on purity, city and local taxes. Here are the latest average gold rates in India:
- 24K Gold (10 grams): Around ₹1,26,600
- 22K Gold (10 grams): Around ₹1,15,040
- 18K Gold (10 grams): Around ₹94,950
These prices are based on the most recent market estimates and may slightly vary across jewellers due to making charges.
Silver Becomes Costlier by ₹15,000 in Just 3 Days
Silver has shown even stronger momentum compared to gold. The metal has become almost ₹15,000 per kg more expensive within the last three days, indicating heavy investment demand and rising global prices.
This jump has impacted silver jewellery, utensils and investment-grade bars. Silver’s rapid price rise reflects strong demand from both retail buyers and industrial sectors.
City-Wise Gold Price Today
Here are the latest gold rates recorded across key Indian cities:
- Delhi: 24K at ₹12,550/gram, 22K at ₹11,504/gram
- Mumbai: Slightly lower due to local taxes, near national average
- Chennai: Higher premium due to strong jewellery demand
- Ahmedabad: 24K at around ₹12,540/gram
- Bengaluru: Prices remain close to national average
Gold rates change city-to-city due to VAT, local demand and transportation costs.
Why Are Gold & Silver Prices Rising?
Several key factors are responsible for today’s sharp increase:
- Strong global safe-haven demand
- Rising international gold futures
- Weakness in the Indian rupee
- Heavy wedding season buying
- Market uncertainty boosting investor interest
Silver prices, on the other hand, are being driven by both industrial demand and commodity market momentum.
Is This the Right Time to Buy Gold or Silver?
Gold and silver prices are currently at multi-week highs, and the upward trend may continue if global cues remain strong. Buyers looking for wedding jewellery may have to adjust their budgets, while long-term investors might still find gold a stable hedge against inflation.
Those looking for quick gains may consider waiting for a price correction before making large purchases.
Conclusion: Gold and silver have both registered significant gains today, with 10-gram gold prices rising sharply and silver prices jumping by ₹15,000 in just three days. With the festive and wedding season in full swing, demand may keep prices elevated across India. Consumers are advised to check city-wise rates before buying.
Disclaimer: Gold and silver prices vary depending on market conditions, purity and jeweller-specific charges. Rates mentioned here are based on available market data and may differ slightly in your city.
