Silver Crosses 2 lakh: There has been a tremendous rise in the prices of precious metals, both gold and silver, in the last few days. Silver made a record on Friday, December 12 and crossed Rs 2 lakh. This year, a jump of 121 percent has been recorded in the prices of silver.

On Friday trading day, silver with expiry of March 5, 2026 had reached a high level of Rs 2,01,388 (per kg) on ​​MCX. Due to this rise in silver, silver has become the fifth largest asset in the world, surpassing Microsoft.

Silver on MCX on Friday

On Friday, December 12, 2025, silver with expiry of March 5 opened at Rs 1,96,958 (per kg) on ​​MCX. On its last trading day, silver had closed at Rs 1,98,942. Silver was trading at 2,00,699 on MCX.

Which shows an increase of about Rs 1800 from the previous day’s closing price. Silver had reached a high level of Rs 2,01,388 during the trading day. Silver prices have touched the figure of Rs 2 lakh for the first time.

Why was there such a tremendous rise?

Market experts believe that due to high industrial demand, silver prices are rising. Apart from electric vehicles, semiconductors, solar panels, electronics items, silver is used extensively in industry. Due to which its demand has increased.

Gold prices also rise

A tremendous rise is also being seen in the prices of gold on Friday’s trading day. On MCX, gold futures with expiry of February 5, 2026 opened at Rs 1,32,275. Gold reached a high of Rs 1,34,966 during the trading day. Which shows an increase of about Rs 2400 from the previous closing price.

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Gold price today: Due to reduced business tension in China and America, now investors are looking at the rest of the options instead of making safe investment. Therefore, there is a decline in the prices of gold and silver continuously. In the international market, Comex Gold is trading at $ 3,216.3 an ounce while the spot gold is selling at $ 3,213.88 an ounce around 10 in the morning.

What is the price of your cities?

Gold price

In the national capital Delhi, 24 carat gold is being sold at the rate of Rs 95,280 per 10 grams while the price of 22 carat gold is Rs 87,350. Similarly, in the country’s financial capital Mumbai, 24 carat gold is trading at the rate of Rs 95,130 per 10 grams, while 22 carat gold is being sold for Rs 87,200.

In Kolkata, 24 carat gold is being sold at the rate of Rs 95,130 per 10 grams while 22 carat gold is Rs 87,200 per 10 grams. Talking about Chennai, 24 carat gold is trading at Rs 95,130 while 22 carat gold is trading at Rs 87,200 per 10 grams.

Silver

If we talk about the moon, then Delhi is being sold at the rate of 97 thousand rupees per kg. While the price of gold in Mumbai is Rs 97,900 per kg. Similarly, silver is being sold in Kolkata 97 thousand rupees a kg, while in Chennai its price is Rs 1,08,000 per kg.

Here, Gold June 5 on the Multi Commodity Exchange (MCX) fell at Rs 310 in early trade to 92,859, while it closed at 93,169 a day earlier. Similarly, silver futures also saw a decline during early trade. It is trading at Rs 164 to Rs 95,751 per kg on MCX, which closed at 95,915 during the last session.

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Gold price today: On the one hand, after a long meeting that lasted for the last two days in Geneva, there was a consensus on the trade agreement between the US and China, the tension on the India Pakistan border has reduced after the second ceasefire. After this, on Monday, the prices of both gold and silver have seen a decline amid the strength in the dollar.

Fresh sense of your city

Let us know today, on which price gold and silver are trading in the market in your city on May 12.

In Mumbai, 24 carat gold is being sold at Rs 9,867 per 10 grams and 22 carat gold is being sold at Rs 9,044. Talking about the national capital Delhi, 24 carat gold is trading at the rate of Rs 9,882 and 22 carat gold at the rate of Rs 9,059 per 10 grams. In Chennai, 24 carat gold is being sold at Rs 9,867, while 22 carat gold is being sold at the rate of Rs 9,044. While 24 carat gold in Bengaluru is being sold at Rs 9,867, while 22 carat gold is being sold at the rate of Rs 9,044 per 10 grams.

In Kolkata, 24 carat gold is being sold at Rs 9,867 while 22 carat gold is being sold at Rs 9,044 per 10 grams. At the same time, 24 carat gold in Bengaluru is trading at Rs 9,867 while 22 carat gold is trading at the rate of Rs 9,044.

Positive trends from America China trade deal

Talking about Ahmedabad, 24 carat gold is trading at Rs 9,866 per 10 grams while 22 carat gold is trading at Rs 9,044. Market experts believe that despite the fall in their prices recently, geopolitical tension, US inflation figures released on Tuesday and central bank policies will see further impact on this.

Significantly, this decline in gold and silver has come amidst the positive trends in the global market and the expectations being expressed by investors. In the initial Asian trade, the price of spot gold has fallen by 1.4 percent to $ 3,277.68 an ounce. Whereas, US Gold Futures slipped 1.9 percent to $ 3,281.40. This decline in yellow metal has come after consent on American and China trade deal. It is expected that a common statement can be issued today by both these economic superpowers of the world.

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