Silver prices touched a new all-time high of ₹1,78,210 per kg on December 5, rising ₹1,585 from the previous close of ₹1,76,625, according to the India Bullion and Jewellers Association (IBJA). Gold also saw an uptick. The price of 10 grams of 24-carat gold increased by ₹747 to ₹1,28,592, up from ₹1,27,845. Gold’s highest-ever level remains ₹1,30,874, recorded on October 17. Why Gold Prices Differ Across Cities? IBJA rates exclude 3% GST, making charges, and jeweller margins, causing price variations across cities. Several banks, including PNB, use IBJA prices to determine gold loan values. Gold and Silver Gains So Far This Year What’s Driving Gold Prices Up? Gold Could Touch ₹1.35 Lakh This Year Ajay Kedia, Director of Kedia Advisory, said ongoing geopolitical tensions are supporting gold prices. Rising demand may push gold to ₹1,35,000 per 10 grams before year-end. Post navigation Unsung Heroes: Celebrating India’s Civil Servants and Their Transformative Impact India, Russia aim to increase trade to $100 billion:Both sides likely to achieve target before 2030, says PM Modi
