Silver becomes expensive by ₹27,771/kg in one week:Prices reach ₹2.28 lakh/kg, up 165% this year; gold becomes ₹6,177/10 gm costlier in 7 days

Silver prices saw an upward trend for the fifth consecutive week. According to the India Bullion and Jewelers Association (IBJA), the price of one kilogram of silver was ₹2,00,336 on December 19, which increased by ₹27,771 in a week to reach ₹2,28,107/kg on December 26. This week, silver made all-time highs for four consecutive days and closed up by ₹9,124 on the last day of the week, Friday. Meanwhile, gold also showed strength. On the last trading day of the previous week, i.e., December 19, 10 grams of 24-carat gold was priced at ₹1,31,779. In a week, it became more expensive by ₹6,177 to reach ₹1,37,956 on Friday, December 26. This is gold’s highest price ever. This year gold became costlier by ₹61,794 and silver by ₹1,42,090 Check what price gold is available in your city… Why are rates different in different cities? IBJA gold prices do not include 3% GST, making charges, and jewellers’ margin. Therefore, city rates differ from this. RBI uses these rates to determine Sovereign Gold Bond rates. Many banks use it to set gold loan rates. 3 Main Reasons for Gold Rally 3 Main Reasons for Silver Rally Prices may increase further in coming days
Kedia Advisory Director Ajay Kedia says that silver demand is currently strong and is expected to remain so going forward. Silver prices could reach ₹2.75 lakh per kg in 2026. Meanwhile, gold could cross ₹1.50 lakh per 10 grams by next year. Keep these 2 things in mind while buying gold ​