Gold Prices: Gold prices in India saw a rise for the second consecutive day on Saturday, January 10. The situation is that the price of 24 carat gold per 100 grams increased by Rs 24,600 and the price of 10 grams increased by Rs 2,460. With this, gold is again reaching near its record high level.

In such a situation, buyers are worried about whether the price of gold is going to increase again in the coming festivals like Makar Sankranti, Pongal and Magha Bihu? As far as silver is concerned, after falling in price for two days, now the price of silver is also rising. In the coming days, gold and silver may trade at the levels of 125000-142000 and 232000-255000 respectively.

What is the price of gold today?

On Saturday, the price of 24 carat gold increased by Rs 1,150 to Rs 1,40,460 per 10 grams and the price of 100 grams increased by Rs 11,500 to Rs 14,04,600. The cheapest 24 carat gold is Rs 14,046 per 1 gram, the price of which has increased by Rs 115.

Similarly, the price of 22 carat gold was Rs 1,28,750 for 10 grams and Rs 12,87,500 for 100 grams, which increased by Rs 1,050 and Rs 10,500 respectively. The cheapest gold in the 22 carat category was Rs 12,875 per gram, which became costlier by Rs 105.

Apart from this, the price of 18 carat gold increased by Rs 1860 to Rs 1,05,340 for 10 grams and by Rs 8,600 to Rs 10,53,400 for 100 grams. The cheapest 18 carat gold was Rs 10,534, which became costlier by Rs 86 on January 10. So far in the month of January, gold prices have increased by 4 percent.

What is the price of silver?

Silver prices rose after falling by Rs 8,000 from January 9 to January 8. On January 10, the price of 1 kg silver was recorded at Rs 2.60 lakh, an increase of Rs 11,000. The prices of 100 grams and 10 grams of silver are Rs 2,600 and Rs 26,000 respectively. Despite the ups and downs, silver rates have increased by more than 9.2 percent so far in January.

Will there be a rise in prices?

According to the report of Good Returns, Kainat Chainwala, AVP-Commodity Research, Kotak Securities, said, “US President Donald Trump can impose 500 percent tariff on those countries which have continued to buy oil from Russia. Senator Lindsey Graham said the Sanctioning Russia Act of 2025 would allow Trump to put pressure on major buyers like China, India and Brazil to stop purchasing discounted Russian crude, which is helping Russia continue the war in Ukraine.

He further said, however, “This step will give rise to a trade war between the US and China, which may increase the demand for safe-haven gold and silver.” However, this order of Trump still depends on the decision of the US Supreme Court. If the court rules against the tariffs, concerns about a growing trade war may be reduced. This may limit further increases in gold and silver prices in the near future.

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Gold Price: An upward trend was seen in the prices of gold and silver on Monday. The weakness in the US dollar and the expectation of a possible cut in interest rates by the US Federal Reserve next month have once again attracted investors towards safe investment instruments.

On the afternoon of November 10, gold was trading 1.64% higher at Rs 1,23,057 per 10 grams on MCX, while silver jumped 2.66% to Rs 1,51,657 per kg.

Why are the prices of gold and silver increasing?

Many factors are working behind the rise in gold and silver prices:

• Due to global economic uncertainty and expectation of reduction in interest rates in America, investors in the market have turned towards precious metals.
• The weak US dollar has made gold and silver cheaper for international buyers, leading to an increase in demand.
• Concerns about the stability of the US economy have made investors believe in safe investment options, such as gold and silver.

What should investors do?

Market experts say that due to global uncertainty and wedding season, the prices of precious metals may remain strong in future.

• It is still an attractive option for a long-term investor, but it is important to keep short-term fluctuations in mind.
• Experts suggest that before buying, the support level and market direction should be considered.
• Jewelers believe that due to the wedding season, retail demand will remain strong, which will put upward pressure on prices.

How are the prices of gold and silver decided?

Gold and silver prices depend on many domestic and international factors:

1. Dollar-Rupee Exchange Rate – The prices of gold and silver in the international market are fixed in dollars, hence the weakness of the rupee increases the prices in India.
2. Import Duty and Taxes – Most of the gold is imported into India, due to which Import Duty, GST and local taxes affect the price.
3. Global events – Events such as war, recession, or changes in interest rates directly affect the prices of precious metals.
4. Cultural and seasonal demand – In India, gold is not just an investment but also linked to tradition. Prices rise due to increased demand during wedding and festival seasons.
5. Inflation and market risk – When inflation increases or there is instability in the stock market, then investors consider gold as a safe option, due to which the prices rise.
   

In the current situation, the upward trend in both gold and silver continues. However, for short-term investors the market will remain volatile. Long term investors and consumers purchasing weddings should take decisions carefully and keep an eye on market trends.

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Gold-Silver Price Today: After the tension between Iran and Israel and the US dollar gained slight rise, the MCX prices on MCX also recorded a decline for the second day. However, the focus of investors will remain on the prices of gold as the deadline of the tariff imposed by US President Donald Trump on 9 July is ending.

Gold gave tremendous returns

In the case of returns, gold prices have risen up to 1200 percent in the last 20 years, which has increased from Rs 7,638 per 10 grams in 2006 to Rs 1,00,000 by June 2025. With positive returns for the last 16 years, gold prices have increased by 31 percent so far this year. Amidst market fluctuations and geopolitical tensions, people are constantly buying gold as a safe investment.

Silver prices rose so much

Meanwhile, silver prices remain stable. For the last three weeks, its prices have remained above one lakh rupees per kg. In the last 20 years, there has been a rise of 668.84 percent in the price of silver.

Today is so much gold and silver price

According to the official website, on June 28, at 8:21 am, the MCX Gold Index was at Rs 95,524 per 10 grams. At the same time, the price of MCX silver was Rs 1,05,300 per kg. Apart from this, according to data from the Indian Bullion Association (IBA) at 8:25 am on June 28, the price of 24 carat gold is 95,770 per 10 grams, while the price of 22 carat gold is Rs 87,789 per 10 grams. According to the IBA website, today the price of silver (silver 999 fine) is Rs 1,05,850 per kg.

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The direct effect of American tariffs seems to be on markets. After the huge bounce seen in the price of gold one day, the start of gold on Wednesday also saw a rise in the price. At the same time, the initial bounce is also seen in silver. Gold futures prices were trading near Rs 91,200 per gram, while silver prices were trading around Rs 99,900. In the international market, there is a boom in the futures of gold and silver. Gold on COMEX is open at $ 3,147.50 an ounce.

Whereas, according to data at 9:30 in the morning on Wednesday, 24 carat gold is being sold 89 thousand 340 per 10 grams. Whereas, the price of silver is being sold 1,00,160 per kg. Now let us know at what rate gold is being sold in your city:-

Delhi-
Gold- 89,030/ per 10 grams
Silver- 99,830/ per kg

Mumbai-
Gold- 89,180/ per 10 grams
Silver- 1,00,000/per kg

Hyderabad
Gold- 89,320/per 10 grams
Silver- 1,00,180/ per kg

Chennai
Gold- 89,440 per 10 grams
Silver- 1,00,320 per kg

Kolkata
Gold- 89,060 per 10 grams
Silver- 99,890 per kg

Bengaluru
Gold- 89,250 per 10 grams
Silver- 1,00,100 per kg

Significantly, on Kishukarwar, gold with 99.9 percent purity closed at Rs 92,150 per 10 grams. Analysts said that due to the strong demand for alternative investment amidst the decline in stock markets, the business signal was strong due to the rise in gold in foreign markets. Gold of 99.5 percent purity with firm on the fourth consecutive day also rose by Rs 2,000 to Rs 93,700 per 10 grams, which remained its all -time high so far.

Earlier, the price of gold closed at Rs 91,700 per 10 grams. The highest jump in the price of gold was recorded on February 10, when it rose by Rs 2,400 per 10 grams. So far this year, the price of gold has increased from Rs 79,390 per 10 grams to Rs 14,760 or 18.6 percent in January 1.

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