Gold hits ₹87,891 per 10g, Silver nears ₹1 lakh as prices reach all-time high

Gold and silver prices have surged to record highs in India, with gold reaching Rs. 87,891 per 10 grams (excluding GST) after a sharp rise of Rs. 1,048 in a single day. Silver prices also saw a significant jump of Rs. 1,363 per kilogram, reaching Rs. 99,685. The increase has been recorded across multiple gold categories, with 23-carat gold now at Rs. 87,539 per 10 grams, 22-carat at Rs. 80,508, 18-carat at Rs. 65,918, and 14-carat at Rs. 51,416.

Gold and silver rates have been rising steadily in March, with gold prices increasing by Rs. 2,835 and silver by Rs. 4,842 since the beginning of the month. On February 28, gold was priced at Rs. 85,056 per 10 grams, while silver was at Rs. 93,480 per kilogram. In 2025 so far, gold has become costlier by Rs. 10,932, and silver has risen by Rs. 11,933. On December 31, 2024, gold had closed at Rs. 75,740 per 10 grams, while silver was at Rs. 86,017 per kilogram.

The latest price updates indicate city-wise variations, with gold priced at Rs. 89,833 per 10 grams in Delhi, Rs. 89,826 in Jaipur, Rs. 89,849 in Lucknow, Rs. 89,842 in Chandigarh, and Rs. 89,860 in Amritsar. Silver prices also vary, standing at Rs. 1,06,000 per kilogram in Delhi, Rs. 1,06,400 in Jaipur, Rs. 1,06,900 in Lucknow, Rs. 1,05,400 in Chandigarh, and Rs. 1,06,100 in Patna. The bullion market rates are typically revised twice a day, once around noon and again in the evening.

Price fluctuations in gold and silver are often influenced by multiple factors, including global market trends, currency exchange rates, inflation, and investor demand. Variations in local rates may occur due to factors such as import duties, transportation costs, and local demand-supply dynamics. The current surge has led to increased interest among buyers and investors, with the price differences across cities ranging between Rs. 1,000 to Rs. 2,000.