This week, gold and silver prices saw an increase. Gold rose by ₹4,000, reaching ₹1.59 lakh per 10 grams. Previously, it was at ₹1.55 lakh last week, specifically on Friday, February 20. Meanwhile, silver increased from ₹2.50 lakh per kg to ₹2.67 lakh. This means its price increased by ₹17,000. Gold ₹26,000 and Silver ₹36,000 are more expensive this year This year, the prices of gold and silver have been continuously fluctuating. So far in 2026, gold has become ₹25,902 and silver ₹36,280 more expensive. During this period, on January 29, gold also made an all-time high of ₹1.76 lakh and silver of ₹3.86 lakh. 3 Main Reasons for Rising Gold and Silver Prices Gold could reach up to ₹1.80 lakh According to investment banking company UBS, the demand for gold remains strong. In 2025, central banks worldwide purchased 863 tons of gold. Now, it is estimated that this purchase could increase to 950 tons in 2026. Additionally, investment in Gold ETFs is also expected to rise to 825 tons. UBS is fully confident that gold prices will go even higher in 2026. According to the report, gold could touch a high of $6,200 per ounce by mid-year. If we talk in terms of rupees, the price of gold could go up to ₹1.80 lakh per 10 grams. Post navigation Battle of the AI chatbots in US:OpenAI signs deal with the US Department of War as Trump blacklists ‘Anthropic AI’