Gold Creates History with Record-Breaking Rise, Silver Also Touches New Heights – Know the Latest Prices

New Delhi(The Uttam Hindu): Gold and silver prices surged across India this week, with both metals touching record highs. According to the India Bullion and Jewellers Association (IBJA), gold was trading at ₹97,021 per 10 grams on July 4 and rose by ₹490 to ₹97,511 by July 11. This jump comes just weeks after gold hit its all-time high of ₹99,454 per 10 grams on June 18.

Silver, too, saw a sharp rise. On July 4, it was priced at ₹1,07,580 per kilogram. By July 11, it climbed to ₹1,10,290 per kilogram, marking a ₹2,710 increase and setting a new all-time record.

In major cities, gold prices have surged steadily. As of July 11, 24-carat gold was selling at ₹99,150 per 10 grams in Delhi, ₹99,000 in Mumbai, Kolkata, and Chennai. For 22-carat gold, prices hovered around ₹90,750 to ₹90,900.

Since the beginning of 2025, gold prices have increased by ₹20,882 per 10 grams, rising from ₹76,162 in January to over ₹97,000 now. Similarly, silver prices have climbed from ₹86,017 per kilogram to ₹1,10,290 – a rise of ₹21,917. In 2024, gold had already gained ₹12,810 over the year, setting the stage for this year’s rally.

Market experts believe the trend is far from over. Analysts project gold prices may cross ₹1,05,000 per 10 grams by the end of 2025, while silver may reach ₹1,25,000 per kilogram. The surge is being attributed to global economic uncertainty, rising demand, and increased investment in precious metals. Investors and jewellers are closely watching the market as India’s bullion sector enters what could be a historic year for gold and silver.