Silver rates rise by ₹15,000 per kg today:Gold becomes ₹25,000 per 10 gm expensive in 2026; Sitharaman shares the reason behind price hike

There is an increase in gold and silver prices on Monday, 23 February, 2026. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by ₹3,362 to reach ₹1,58,428. Previously, it was at ₹1,55,066. Meanwhile, the price of one kilogram of silver has increased by ₹15,236 to reach ₹2,65,550. Earlier, its price was ₹2,50,314 per kilo. According to experts, gold and silver prices may increase further in the coming days. Sitharaman: Central banks globally buying lot of gold is reason behind price hike Finance Minister Nirmala Sitharaman says central banks globally buying a lot of gold is the reason behind the price hike. She adds that gold and silver imports in the country were not at alarming level and that the RBI was monitoring the situation. This year gold became costlier by ₹25,000 and silver by ₹35,000
This year, gold and silver prices have been continuously fluctuating. Gold has become costlier by ₹25,000 and silver by ₹35,000 so far in 2026. During this period, on January 29, gold reached an all-time high of ₹1.76 lakh and silver reached ₹3.86 lakh. Gold and silver movement so far this year Note:- Gold price per 10 grams and Silver price per kilo | Source:- IBJA Gold prices by carat Gold Prices in Major Cities of the Country Source: goodreturns Gold became ₹57,000 expensive in 2025 Gold prices can go up to ₹1.80 lakh
According to investment banking company UBS, gold demand remains strong. Central banks worldwide purchased 863 tons of gold in 2025. Now it is estimated that this purchase could increase to 950 tons in 2026. Along with this, investment in Gold ETF is also expected to increase to 825 tons. UBS is fully confident that gold prices will rise further in 2026. According to the report, gold could touch a high of $6,200 per ounce by mid-year. In terms of rupees, the price of gold could go up to ₹1.80 lakh per 10 grams. 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). The price of gold varies according to 24 carat, 22 carat and 18 carat.