Gold and silver rally continues:Silver jumps ₹15,269 this week while gold climbs near ₹1.51 lakh amid market volatility

Silver prices recorded a sharp weekly jump of ₹15,269 to reach ₹2.56 lakh per kilogram, while gold prices rose modestly by ₹815 to ₹1.51 lakh per 10 grams, according to data from the Indian Bullion Jewellers Association (IBJA) on 8 May 2026. Silver was priced at ₹2.40 lakh per kilogram on April 30 and climbed steadily during the week to touch ₹2,55,600. Gold, which stood at ₹1,50,263 per 10 grams on April 30, increased to ₹1,51,078. Gold and silver movement this week Why gold prices differ across cities Industry experts say gold prices vary from city to city due to several factors: Gold up ₹17,883 and silver up ₹25,180 in 2026 Precious metals have remained highly volatile throughout 2026. Since the beginning of the year, gold prices have risen by ₹17,883 per 10 grams, while silver prices have increased by ₹25,180 per kilogram. On 31 December 2025, gold was priced at ₹1,33,195 per 10 grams and silver at ₹2,30,420 per kilogram. By 8 May 2026, prices had climbed to ₹1,51,078 and ₹2,55,600 respectively. Both metals also touched record highs earlier this year. On 29 January 2026, gold reached an all-time high of ₹1,76,121 per 10 grams, while silver surged to ₹3,85,933 per kilogram.