Gold hits fresh all-time high at ₹1.13 lakh/10 gms today:Silver surges past ₹1.34 lakh; know gold rates by carat in major Indian cities

Gold and silver prices soared to fresh record levels on Tuesday, continuing their sharp upward rally. According to the India Bullion and Jewellers Association (IBJA), 10 grams of 24-carat gold rose by ₹1,343 to touch ₹1,13,498. On Monday, gold had already scaled a historic high of ₹1,12,155 per 10 grams. Silver too followed suit, gaining ₹1,181 to reach ₹1,34,050 per kilogram, up from its previous record of ₹1,32,869. Gold Up ₹37,336, Silver Soars ₹48,033 So Far in 2025 Gold and silver prices have seen a sharp rise this year, with both metals touching record highs. According to market data, the price of 10 grams of 24-carat gold has jumped by ₹37,336 since December 31, 2024, climbing from ₹76,162 to ₹1,13,498. Silver too has surged, gaining ₹48,033 per kilogram during the same period — from ₹86,017 to ₹1,34,050. Why Are Gold Prices Rising? Analysts point to five key factors behind the rally: Outlook: Gold May Hit ₹1.15 Lakh Experts suggest that continued geopolitical tensions and strong demand could push gold prices up to ₹1,15,000 per 10 grams this year. Silver too may climb further to ₹1,40,000 per kilogram. Buying Checklist for Consumers ————————– Also Read: Rupee falls to record low of 88.49 against dollar: Slides by 10 paise against greenback; foreign goods will become expensive The Indian rupee fell to a fresh all-time low against the US dollar on Tuesday, slipping to 88.49 during morning trade. This breached its previous record of 88.46, set just two weeks ago. The currency opened weaker at 88.41 per dollar, down 10 paise from Monday’s close of 88.31. On Monday, the rupee had already shed 12 paise against the greenback, extending its recent losing streak.