Gold and silver prices continued their upward trend for the second consecutive day on February 10. According to the India Bullion and Jewellers Association (IBJA), silver prices rose by ₹3,759 today to ₹2,57,424 per kg, compared to ₹2,53,665 per kg on Monday. On Friday, silver was priced at ₹2,44,929 per kg, making it ₹12,495 costlier in just two days. Gold prices also moved higher. The price of 10 grams of 24-carat gold increased by ₹824 to ₹1,55,700, up from ₹1,54,876 on Monday. Earlier, on January 29, gold had touched an all-time high of ₹1,76,121, while silver peaked at ₹3,85,933. Why prices vary by city IBJA rates do not include 3% GST, making charges, or jeweller margins, which is why retail prices differ across cities. These benchmark rates are used by the RBI to fix Sovereign Gold Bond prices and by banks to determine gold loan rates. Gold up ₹22,505, silver up ₹27,004 in 41 days Since the start of 2026, gold prices have risen by ₹22,505. On December 31, 2025, 24-carat gold was priced at ₹1,33,195 per 10 grams, which has now climbed to ₹1,55,700. Silver has become costlier by ₹27,004 during the same period, rising from ₹2,30,420 per kg to ₹2,57,424 per kg. Buying picks up at lower levels Gold and silver prices had fallen sharply over the last three trading sessions, with gold dropping nearly 15%. As prices stabilize, investors have begun buying at lower levels. However, experts advise against investing a lump sum at current levels and recommend gradual or staggered investments instead. 2025 was a blockbuster year for precious metals Gold rose by ₹57,000 (75%) in 2025, from ₹76,162 on December 31, 2024, to ₹1,33,195 on December 31, 2025. Silver surged by ₹1.44 lakh (167%), climbing from ₹86,017 per kg to ₹2,30,420 per kg during the same period. 2 things to keep in mind while buying gold 1. Buy only BIS-hallmarked gold: Always check for the Bureau of Indian Standards (BIS) hallmark, which confirms purity and carat value. 2. Verify prices: Cross-check daily gold rates from reliable sources like IBJA, as prices vary for 24K, 22K, and 18K gold. 4 ways to identify real silver Post navigation India-Pak match sends airfares soaring:Delhi-Colombo fares jump 5x to ₹1.45 lakh; hotel rates hit ₹1.13 lakh AI content labelling mandatory from February 20:Govt orders social media platforms to remove deepfakes within 3 hours