Silver rises by ₹2,050 to ₹2.25 lakh per kg:Gold becomes costlier by ₹751 to ₹1.45 lakh per 10 grams, may hit ₹1.60 lakh this year

Gold and silver prices rose on July 27, according to the India Bullion and Jewellers Association (IBJA). Silver prices increased by ₹2,050 to ₹2.25 lakh per kilogram, while the price of 10 grams of 24-carat gold rose by ₹751 to ₹1.45 lakh. Gold prices could rise further to ₹1.60 lakh per 10 grams by the end of this year. Gold becomes ₹12,000 costlier so far this year; silver falls ₹5,000/kg Gold and silver prices have fluctuated throughout 2026. So far this year, gold has become ₹12,000 more expensive. On December 31, 2025, 10 grams of gold was priced at over ₹1.33 lakh, compared with ₹1.45 lakh now. Meanwhile, silver prices have declined by ₹5,000 per kilogram. Silver was priced at ₹2.30 lakh/kg on December 31, 2025, and has now fallen to ₹2.25 lakh/kg. During this period, gold hit an all-time high of ₹1.76 lakh per 10 grams on January 29, while silver touched a record high of ₹3.86 lakh per kilogram. Gold-Silver Price Movement So Far This Year December 31, 2025: Gold ₹1,31,395 | Silver ₹2,30,420 January 31, 2026: Gold ₹1,65,795 | Silver ₹3,39,350 February 28, 2026: Gold ₹1,50,997 | Silver ₹2,66,700 March 31, 2026: Gold ₹1,46,733 | Silver ₹2,30,125 April 30, 2026: Gold ₹1,50,263 | Silver ₹2,40,331 May 31, 2026: Gold ₹1,56,463 | Silver ₹2,63,350 June 30, 2026: Gold ₹1,41,286 | Silver ₹2,25,425 July 27, 2026: Gold ₹1,44,532 | Silver ₹2,24,771 Note: Gold prices are per 10 grams, and silver prices are per kilogram. Source: IBJA Gold could reach ₹1.60 lakh by year-end According to commodity expert Ajay Kedia, gold and silver prices have fallen significantly from their record highs. Investors may consider investing in the precious metals at current levels, but should avoid making lump-sum investments. Kedia expects gold to rise to ₹1.60 lakh per 10 grams and silver to reach ₹2.80 lakh per kilogram by the end of the year. Keep these 2 things in mind when buying gold from jewellers 1. Buy only certified gold: Always buy gold with a BIS hallmark. The hallmark identification number is alphanumeric, such as AZ4524. Hallmarking certifies the purity of the gold. 2. Cross-check the price: Before buying, verify the gold’s weight and the prevailing price from multiple sources, such as the India Bullion and Jewellers Association (IBJA). Gold prices vary based on purity, including 24-carat, 22-carat, and 18-carat gold. Gold Purity According to Carat 24 carat: 99.9% purity 23 carat: 95.8% purity 22 carat: 91.6% purity 21 carat: 87.5% purity 18 carat: 75.0% purity 4 Ways to Identify Real Silver Magnet Test: Real silver does not stick to a magnet. If it sticks, it is fake. Ice Test: Place ice on silver. Ice melts quickly on real silver. Smell Test: Real silver has no odor. Fake silver has a copper-like smell. Cloth Test: Rub the silver with a white cloth. If a black mark appears, it is real.