There was an increase in the prices of gold and silver this week. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 2,742 to Rs 1.52 lakh. Earlier, it was at Rs 1.50 lakh last week i.e. on 8th August. At the same time, silver has increased from Rs 2.31 lakh per kg to Rs 2.34 lakh, its price has increased by Rs 2,461. There has been a rise in the prices of gold and silver so far this year. There are continuous fluctuations in the prices of gold and silver this year. Gold has become costlier by Rs 19 thousand so far in 2026. On December 31, 2025, 10g gold was above Rs 1.33 lakh, which has now reached Rs 1.52 lakh. There is an increase of Rs 4 thousand in the price of silver. Silver was Rs 2.30 lakh per kg on December 31, 2025, which is now at Rs 2.34 lakh. During this period, on January 29, gold had made an all-time high of Rs 1.76 lakh and silver had also made an all-time high of Rs 3.86 lakh. Gold can go up to Rs 1.60 lakh this year. According to commodity expert Ajay Kedia, the prices of gold and silver have come down much from their high. In such a situation, investors can invest in it, although lump sum investment should be avoided. According to Ajay Kedia, by the end of the year, gold can once again go up to Rs 1.60 lakh and silver up to Rs 2.80 lakh. While buying gold from jewellers, keep these 2 things in mind. Buy only certified gold: Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). This number can be alphanumeric i.e. something like this – AZ4524. Hallmarking shows how many carats the gold is. Cross check the price: Cross check the exact weight of the gold and its price on the day of purchase from multiple sources (like the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat. 4 ways to identify real silver
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