New Delhi (Economy India): Gold and silver prices in India rebounded on Monday after a brief decline over the past three days, reflecting continued volatility in the precious metals market. According to data from the India Bullion and Jewellers Association (IBJA), 24-carat gold rose by ₹817 to around ₹1.60 lakh per 10 grams, while silver increased by ₹2,080 to ₹2.63 lakh per kilogram.
Strong Rise in 2026
So far in 2026, precious metal prices have seen a significant surge. Gold has become more than ₹26,000 costlier, while silver prices have jumped by over ₹32,000 per kilogram since the beginning of the year. Analysts attribute the rise to global economic uncertainty and growing demand for safe-haven assets.
Key Reasons Behind the Price Surge
Market experts say several international factors are pushing precious metal prices higher:
- Rising geopolitical tensions in the Middle East
- Increase in crude oil prices and inflation concerns
- Instability in global financial markets
- Increased gold purchases by central banks worldwide
Due to these factors, investors are increasingly turning to gold as a safe investment, driving up demand and prices.
Impact on Indian Demand
The sharp rise in prices has also affected consumer demand in India. High prices have led some buyers to postpone purchases, especially in the jewellery market, although demand remains relatively strong in countries such as China.
Price Outlook
Market analysts believe that if geopolitical tensions and economic uncertainty continue, gold prices in India could reach ₹1.70 lakh to ₹1.90 lakh per 10 grams during 2026.
Advice for Investors
Experts recommend that investors closely monitor global market trends, the strength of the US dollar, and geopolitical developments before investing in gold. Buyers are also advised to purchase BIS hallmarked certified gold to ensure authenticity and quality.
(Economy India)
