Gold plumps! 24K hits ₹1.46 lakh, silver skyrockets - What's driving the surge?

New Delhi (The Uttam Hindu): The Indian bullion market has once again witnessed a huge surge on Monday, March 30, 2026. This sudden rise in the prices of gold and silver has made the buyers sweat. According to the latest data of India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24 carat gold has now crossed the figure of Rs 1 lakh 46 thousand. This price was much lower on the last trading day i.e. Friday evening, but with the beginning of the new week, gold has set a new record. Along with this, a huge increase has been recorded in the rate of silver also.

These are today's prices from 24 carat to 22 carat

According to the latest rates published on ibjarates.com on Monday morning, every purity category of gold has seen a significant jump. The price of 995 purity, or 23 carat gold, has risen to ₹1,45,631 per 10 grams. Meanwhile, the price of 916 purity, or 22 carat gold, most commonly used for jewelry making, has also jumped to ₹1,33,935 per 10 grams. These price increases, as soon as the market opened, have created a stir among both investors and ordinary buyers.

Gold became costlier by Rs 3,000 in one stroke

If we compare the rates of Monday morning with Friday evening, then the prices of gold are on fire. 24 carat gold of 999 purity has become costlier by Rs 3,275 and has reached Rs 1,46,217. Similarly, 23 carat gold has opened with a rise of Rs 3,261. Talking about 22 carat gold, there has been a direct jump of Rs 3,000 in it. Apart from this, 18 carat gold of 750 purity has become costlier by Rs 2,456 and has reached Rs 1,09,663 and 14 carat gold of 585 purity has reached Rs 85,537 per 10 grams with a rise of Rs 1,916.

Silver also broke records, these are all rates without GST

Along with gold, the prices of silver have also seen a big jump this time. The rate of 999 purity silver has registered a huge increase of Rs 6,345 in one stroke, after which its price has reached Rs 2,27,992. Let us tell you that these rates are updated on the official website of Indian Bullion Jewellers Association every morning and evening from Monday to Friday. It is important for the customers to note that all these prices issued by IBJA do not include GST. When you go to buy jewellery in the market, you have to pay tax and making charges separately on top of these rates.