Gold becomes ₹2,244 costlier before Pushya Nakshatra, crosses ₹1.23 lakh:Silver prices shoot up ₹8,625 to surpass ₹1.73 lakh mark; commodities scale to record high levels

Gold and silver prices reached their highest levels ever on Monday, 13 October, 2025, one day before Pushya Nakshatra. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold increased by ₹2,244 to reach ₹1,23,769. Previously, on Friday, it was at ₹1,21,525. Meanwhile, the prices of silver increased by ₹8,625 to reach ₹1,73,125 per kilogram (kg). On Friday, it was at ₹1,64,500. According to experts, silver prices continue to rise due to the festive season, industrial demand, and reduced global supply. This year gold becomes costlier by ₹47,607 silver by ₹87,108 Gold could reach ₹1.55 lakh According to a recent Goldman Sachs report, the bank has set a target of $5,000 per ounce for gold by next year. At current exchange rates, this would be approximately ₹1,55,000 per 10 grams in rupees. PL Capital brokerage firm director Sandeep Raichura said that gold could go up to ₹1,44,000 per 10 gm. Three major reasons that caused the surge in gold Silver price is increasing due to 3 reasons Not the right time to invest in gold now According to Kedia Advisory Director Ajay Kedia, gold has increased by about 60% this year, so there is less expectation of a rise in the short term. People may book profits. However, investing in it for the long term could be beneficial. Keep these 2 things in mind while buying gold 1. Buy only certified gold: Always buy certified gold with Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric like AZ4524. Hallmarking indicates how many carats the gold is. 2. Cross-check prices: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (like India Bullion and Jewellers Association website). Gold prices vary according to 24-carat, 22-carat and 18-carat.