Silver has reached an all-time high on Thursday, December 11, 2025. According to the India Bullion and Jewelers Association (IBJA), the price of silver has increased by ₹1,500 to reach ₹1,86,988 per kilogram. Previously, it was at ₹1,85,488. This year, its price has increased by ₹1,00,971. Meanwhile, gold has increased by ₹747 to reach ₹1,28,535 per 10 grams. Previously, it was at ₹1,27,788. Gold had made an all-time high of ₹1,30,874 on October 17. Why are rates different in different cities? IBJA gold prices do not include 3% GST, making charges and jewellers’ margin, which is why rates vary in different cities. Many banks including Punjab National Bank use these prices to determine gold loan rates. This year gold increased by ₹52,373 and silver by ₹1,00,971 3 main reasons for surge in silver Silver could cross ₹2 lakh mark Kedia Advisory Director Ajay Kedia says that geopolitical tensions remain. This is supporting gold. This is increasing the demand for gold. In such a situation, gold can go up to ₹1.35 lakh per 10 grams this year. At the same time, silver can go beyond ₹2 lakh per kg mark. Post navigation US Fed cuts rates by 25 bps for third time:Loans to get cheaper after federal fund costs reduce, foreign investment may rise in countries like India India-US trade agreement possible by March:CEA Nageswaran says, ‘Most differences between both countries are now resolved’
