Gold and silver prices hit record high on January 27. As per the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold jumped by ₹4,717, taking it to ₹1,59,027, up from ₹1,54,310 per 10 grams earlier. Silver also saw a sharp rise. The price of one kilogram increased by ₹24,802, reaching ₹3,42,507 per kg, compared to ₹3,17,705 earlier. In just the first 27 days of this year, silver has become costlier by ₹1,12,087. Gold became costlier by ₹25,832 and silver by ₹1,12,087 This year, the cost of Silver rose by ₹1,12,087 in just 27 days of January this year. On December 31, 2025, the price of one kilogram of silver was ₹2,30,420, which has now reached ₹3,42,507 per kilogram. Meanwhile, the price of gold has risen by ₹25,832. On December 31, 2025, 10 grams of 24-carat gold was priced at ₹1,33,195, which has now risen to ₹3,42,507. 3 major reasons for the rise in gold Also read: Cash transactions and cheque clearance halted as banks remain closed for fourth day, check which banks are affected 3 major reasons for the rise in silver Gold could reach ₹1.90 lakh According to Research Head Dr. Renisha Chainani, if US tariffs and tensions in the Middle East escalate further, then gold could reach ₹1,90,000 per 10 grams in 2026. Meanwhile, silver could go up to ₹4 lakh. Keep these 2 things in mind when buying gold 1. Buy only certified gold: Always buy certified gold with the Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric, like AZ4524. Hallmarking indicates the caratage of the gold. 2. Cross-check the price: Cross-check the correct weight of the gold and its price on the day of purchase from various sources (such as the India Bullion and Jewellers Association website). The price of gold varies for 24 carat, 22 carat, and 18 carat. Also read: Canadian PM responds to Trump’s 100% tariff threat, says no intention to enter into trade agreement 4 ways to identify real silver Post navigation India’s Engine of Progress: Bureaucrats and PSUs Drive Forward India’s Engine of Progress: Bureaucracy, Business, and Inspiring Civil Services
