Gold Gains ₹1,030 Per 10 Grams While Silver Rises ₹1,638 Per Kilogram Amid Strong Investor Demand
New Delhi (Economy India): Gold and silver prices witnessed a sharp rise on Monday, continuing their strong upward momentum in 2026. According to data released by the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold increased by ₹1,030 per 10 grams, taking it to ₹1.52 lakh, while silver gained ₹1,638 per kilogram to reach ₹2.46 lakh per kilogram.
The surge reflects sustained investor interest in precious metals amid global economic uncertainties, inflation concerns, and strong demand for safe-haven assets.
Gold Continues Record-Breaking Run
Gold prices have remained on an upward trajectory throughout the year, supported by strong domestic demand and international market trends.
IBJA data shows that the price of 10 grams of 24-carat gold has increased by nearly ₹19,000 in 2026 alone.
On December 31, 2025, gold was trading at approximately ₹1.33 lakh per 10 grams. Since then, prices have steadily climbed to cross the ₹1.52 lakh mark, highlighting the strong performance of the yellow metal.
Market analysts attribute the rally to geopolitical tensions, central bank purchases, inflationary pressures, and increasing investor preference for safe-haven investments.
Silver Also Registers Significant Gains
Silver prices have also witnessed substantial growth this year.
According to market data, silver has gained nearly ₹15,000 per kilogram since the beginning of 2026.
The metal, which was trading at around ₹2.30 lakh per kilogram at the end of December 2025, has now crossed ₹2.45 lakh per kilogram, reflecting growing industrial and investment demand.
Silver continues to benefit from rising consumption in renewable energy, electronics, electric vehicles, and industrial manufacturing sectors.
Precious Metals Hit Record Highs Earlier This Year
Both gold and silver have already touched historic highs in 2026.
On January 29, gold reached an all-time high of approximately ₹1.76 lakh per 10 grams, while silver touched a record ₹3.86 lakh per kilogram.
Although prices have moderated from those peak levels, precious metals continue to trade significantly higher compared to previous years.
Experts believe market volatility and global economic developments could continue influencing price movements in the coming months.
Gold Prices by Purity Level
The price of gold varies depending on purity levels:
- 24 Carat Gold (99.9% purity): ₹1.52 lakh per 10 grams
- 22 Carat Gold (91.6% purity): Lower than 24-carat rates
- 18 Carat Gold (75% purity): Popular for diamond jewellery and daily wear
Consumers are advised to check current market rates before making purchases, as prices fluctuate daily based on domestic and international factors.
Factors Driving Gold and Silver Prices
Several factors are supporting the rally in precious metals:
🔹 Global economic uncertainty
🔹 Geopolitical tensions and conflicts
🔹 Inflation concerns across major economies
🔹 Central bank gold purchases
🔹 Weakness in certain financial markets
🔹 Strong demand for safe-haven assets
🔹 Rising industrial demand for silver
Analysts believe that gold and silver may remain volatile but are likely to stay supported as long as uncertainty persists in global markets.
Key Highlights
🔹 Gold rose ₹1,030 to reach ₹1.52 lakh per 10 grams.
🔹 Silver gained ₹1,638 and climbed to ₹2.46 lakh per kilogram.
🔹 Gold has surged nearly ₹19,000 so far in 2026.
🔹 Silver has increased by around ₹15,000 this year.
🔹 Gold touched a record ₹1.76 lakh on January 29.
🔹 Silver hit an all-time high of ₹3.86 lakh per kilogram earlier this year.
🔹 Experts advise buying only BIS-hallmarked gold and verifying prices before purchase.
Important Tips Before Buying Gold
1. Buy BIS Hallmarked Gold Only
Consumers should always purchase gold jewellery certified by the Bureau of Indian Standards (BIS).
Hallmarked jewellery carries a unique alphanumeric code that verifies the purity and authenticity of the gold. The hallmark ensures buyers receive the quality they are paying for.
2. Verify Prices Before Purchase
Experts recommend checking gold prices from reliable sources such as the India Bullion and Jewellers Association (IBJA) before making a purchase.
Customers should also verify:
- Weight of the jewellery
- Purity level (18K, 22K, or 24K)
- Making charges
- GST and additional charges
Comparing rates from multiple jewellers can help buyers make informed decisions.
Outlook for Investors
Financial experts continue to view gold as an important portfolio diversification tool during periods of economic uncertainty.
While short-term price fluctuations are possible, precious metals remain attractive for investors seeking stability and protection against inflation.
Silver is also gaining attention due to its dual role as both an industrial metal and an investment asset.
As global economic conditions evolve, investors are expected to closely monitor movements in bullion markets.
(Economy India)
