Gold nears ₹1.27 lakh per 10 grams:Silver slips ₹1,633 to ₹1,76,467 per kg today; gold up ₹720 daily this month

Gold prices continued their upward trend today, while silver witnessed a decline.
According to data from the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold rose by ₹640 to reach ₹1,26,792, up from ₹1,26,152 yesterday. In contrast, silver prices fell by ₹1,633 to ₹1,76,467 per kilogram, after touching an all-time high of ₹1,78,100 the previous day. During the first 15 days of this month, gold has gained ₹10,803, averaging an increase of ₹720 per day. Silver, too, has surged by ₹34,033, or roughly ₹2,669 per day, over the same period. Experts attribute the continued rise in gold and silver prices to the festive season demand, increased industrial consumption, and a reduction in global supply. Gold Rises by ₹50,630 and Silver by ₹90,450 in 2025 So far this year, gold prices have surged by ₹50,630. On December 31, 2024, 10 grams of 24-carat gold was priced at ₹76,162, which has now climbed to ₹1,26,792. Silver prices have also seen a significant increase of ₹90,450, rising from ₹86,017 per kilogram at the end of 2024 to ₹1,76,467 per kilogram today. Gold Could Rise Further A recent Goldman Sachs report predicts gold could reach $5,000 per ounce next year, which translates to approximately ₹1,55,000 per 10 grams at current exchange rates. Meanwhile, PL Capital director Sandeep Raichura suggests gold could touch ₹1,44,000 per 10 grams. Key Factors Driving Gold’s Surge Why Silver Prices Are Climbing Is It the Right Time to Invest? According to Ajay Kedia, Director of Kedia Advisory, gold has already risen around 60% this year, so short-term gains may be limited. Investors may book profits, but long-term investing could still be beneficial. Tips for Buying Gold Safely Also Read: Silver prices double in 10 months: Rates rise from ₹86,000 per kg to ₹1.75 lakh; experts caution short-term investors This year, silver prices have more than doubled, reaching ₹1.75 lakh per kilogram — marking the largest surge in such a short period in history. Silver has delivered 37% higher returns than gold during this time. Amid this sharp rise, many investors are asking: Why are silver prices climbing so rapidly? Is now the right time to buy silver? And what are the safest ways to invest? Read the full story here.