Gold & Silver Price: The government has clarified that the main reason behind the sharp increase in gold and silver prices in recent months is the increasing geopolitical tension and economic uncertainty at the global level, due to which investors are increasingly turning towards safe investment options. Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha that the prices of gold and silver in India basically depend on the price decided in the international market, the exchange rate of rupee against the US dollar and the taxes and duties applicable in the country.

rise in gold prices

He said that when situations like war, fear of global recession or economic instability increase in the world, investors move away from risky instruments like stock market and invest money in safe assets like gold and silver, due to which their prices rise. Apart from this, central banks and big financial institutions around the world are also purchasing gold in large quantities, due to which the demand has further strengthened.

The minister also said that although the prices of gold and silver have increased in the current year, its impact does not fall equally on all states and all sections, because the social, cultural and economic importance of these metals is different in different areas and communities. He said that gold and silver are not just consumption items but are also an important means of investment and are considered safe assets in uncertain times.

The government gave the reason

The increase in prices increases the value of assets of those families who already have gold and silver, which has a positive impact on household wealth. He also clarified that the prices of precious metals are decided entirely on the basis of the market and the government does not play any direct role in determining their prices.

Referring to the figures, the minister said that till September in the current financial year, India has imported gold worth about $ 26.51 billion and silver worth $ 3.21 billion, which shows the strong domestic demand for these metals.

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Silver Price Surge: The price of gold has been rising for the last few days. After reaching a record high level on MCX on Friday, December 12, the last day of the week, its prices increased due to profit booking by investors, while a decline in silver was seen during this period.

In this session, at around 9:10 am, MCX Gold February futures contract was seen trading up by 0.10 per cent at Rs 1,32,599 per 10 grams, while MCX futures trade silver for March delivery slipped by 0.50 per cent to Rs 1,97,951 per kg.

Silver reached all-time high

However, a tremendous rise in silver was seen on Thursday. During this period, silver reached its all-time high level of Rs 1,98,814 per kg and closed at Rs 1,98,799 with an increase of 5.33 percent. MCX Gold February contract jumped 2 percent and closed at Rs 1,32,469 per 10 grams. Gold and silver prices are showing strength after the US Federal Reserve cut interest rates by 25 basis points and indicated that they may be cut again next year.

Silver crossed Rs 2 lakh

Today the price of silver has crossed Rs 2 lakh per kg. According to a research report of Kedia Advisory, on November 17, 2005, the price of one kg silver on MCX was Rs 12000. After about 20 years, silver completed this journey of reaching Rs 2 lakh per kg. Today, the price of one kg silver in the country has increased by Rs 2,900 to a new high of Rs 2,00,900, while the rate of 100 grams and 10 grams of silver is Rs 20,090 and Rs 2,009 respectively.

Today the price of one kilogram of silver in Delhi, Kolkata and Mumbai is Rs 1,97,900 per kilogram. At the same time, the price of one kilogram of silver in Chennai is Rs 2,09,900. Last week, the price of silver increased by about 6 percent. At the same time, silver has increased by 115 percent so far compared to last year, due to which it is strong demand in industries, its inclusion in the list of important minerals of America and low inventory.

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Silver Price Record High: The shine of gold remains constant. Today, on December 1, 2025, gold prices have increased once again. Experts believe that gold can once again reach its historical high level. Whereas, if we talk about silver, it has reached its highest level till date. Overall, the prices of both gold and silver are increasing.

How much has the price reached now?

Along with gold, strength in silver was also seen on Monday. Till the time of writing, the price of gold on MCX was up by 0.87 percent at Rs 1,30,631 per 10 grams, while silver was up by 1.52 percent at Rs 1,77,647 per kg. Experts say that the demand for jewelery increases amid increasing global uncertainties and increase in domestic demand.

Apart from this, it is being told that the prices of silver have increased due to the interruption of hours in trading and reduction in supply. Let us tell you that on Friday, trading of futures and options on Chicago Mercantile Exchange was halted for several hours due to a glitch in the data center. Due to this, trading in foreign exchange, bond, equity and commodity markets came to a standstill.

Price doubled in 11 months

The performance of silver this year has been amazing, due to which it has given tremendous returns. Gold may have been the most popular commodity this year, but the price of silver has increased more, almost doubling in just 11 months. So far this year, gold has given a return of 60 percent, while silver has increased by 100 percent.

Why is the price of gold and silver increasing?

Gold and silver prices have increased due to both global and domestic reasons. Investors expect the Federal Reserve to cut interest rates, hence precious metals like gold and silver have received support. Apart from this, due to global uncertainties, safe-haven demand is going to increase. The wedding season is going on in India and the weakening of the rupee against the dollar has further increased the prices at the domestic level.

This is also the reason for price increase

On top of this, it is also being told that the supply of silver has decreased in comparison to the demand. Exchange data shows that silver stocks in warehouses linked to the Shanghai Futures Exchange recently fell to their lowest level since 2015. To meet the demand, a large quantity of silver has been sent from China to London. Along with all this, stockpiles in China have gone to their lowest level in ten years. Due to this the price of silver has also increased.

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