Gold and silver prices rose this week. According to the India Bullion and Jewellers Association (IBJA), the price of 1 kilogram of silver rose by ₹7,988 to ₹2.37 lakh. It stood at ₹2.29 lakh last week, on 11 September. Meanwhile, the price of 10 grams of 24-carat gold rose from ₹1.52 lakh to ₹1.54 lakh. Its price increased by ₹1,789 this week. 4 reasons why gold prices differ across cities Gold could reach ₹1.70 lakh and silver ₹3 lakh by December According to Anindya Banerjee, senior vice-president at Kotak Securities, central banks around the world, including the RBI, are continuously buying gold along with ordinary people. Gold prices will continue to rise amid the prevailing uncertainty, while silver could see a major surge when conditions improve. Given the current trend, gold could reach ₹1.70 lakh and silver ₹3 lakh by December. Gold becomes ₹21,000 costlier this year Gold and silver prices have continued to fluctuate this year. Gold has become ₹21,000 costlier so far in 2026. On 31 December 2025, 10g of gold was priced at ₹1.33 lakh, compared with ₹1.54 lakh now. Silver, meanwhile, was priced at ₹2.30 lakh per kg on 31 December 2025 and has now reached ₹2.37 lakh. During this period, gold hit an all-time high of ₹1.76 lakh and silver reached ₹3.86 lakh on 29 January. Keep These 2 Things in Mind When Buying Gold from Jewellers 4 ways to identify real silver Post navigation Gold ETFs delivered a 35% return in one year:Invest in gold with less money through this option; know the key details
