Gold became ₹ 3950 expensive this week: It reached ₹ 1.06 lakh per 10 grams, silver increased to ₹ 5598 to ₹ 1.23 lakh kg.

Gold and silver prices increased this week. According to the India Bullion and Jewelers Association (IBJA), gold was at Rs 1,02,388 per 10 grams on last Saturday i.e. 30 August, which has now reached Rs 1,06,338 on 6 September. Its price has increased by Rs 3950.

At the same time, the price of silver has increased by Rs 5,598 this week. Last Saturday it was at Rs 1,17,572 per kg, which has now reached Rs 1,23,170.

Price of 10 grams of gold in 4 metros including Bhopal

• Delhi: 24 carat gold price ₹ 1,07,780 and 22 carat gold priced ₹ 98,810
• Mumbai: 24 carat gold price ₹ 1,07,630 and 22 carat gold priced ₹ 98,660
• Kolkata: 24 carat gold price ₹ 1,07,630 and 22 carat gold priced ₹ 98,660
• Chennai: 24 carat gold price ₹ 1,07,630 and 22 carat gold priced ₹ 98,660
• Bhopal: 24 carat gold price ₹ 1,07,680 and 22 carat gold priced ₹ 98,710

Gold this year became ₹ 30,000 and silver ₹ 37,000 expensive

• So far this year, the price of gold has increased by Rs 30,176 (40%). On 31 December 2024, 10 grams 24 carat gold was worth Rs 76,162, which has now increased to Rs 1,06,338.
• The price of silver has also increased by Rs 37,153 (43%) during this period. On 31 December 2024, the price of one kg silver was Rs 86,017, which has now increased to Rs 1,23,170 per kg.

5 reasons for the rise in gold prices

1. Global uncertainty: Investors are buying gold as safe for Trump’s tariff plan and business war.
2. Purchase of central banks: Countries like China and Russia are buying large amounts of gold, which has increased demand.
3. War and Tension: People are increasing investment in gold due to instability due to Russia-Ukraine not ending war.
4. Inflation and low interest rates: Gold has become attractive due to fear of inflation and low interest rates of Federal Reserve.
5. Rupee fall against the dollar: Gold is getting expensive due to the fall in the rupee against the dollar.

Gold can go up to ₹ 1 lakh 8 thousand this year Ajay Kedia, director of Kedia Advisory, says that Jio remains political tension due to America’s tariff. Due to this, gold is getting support and its demand is also increasing. In such a situation, gold can go up to 1 lakh 8 thousand rupees per 10 grams this year. At the same time, silver can go up to 1 lakh 30 thousand rupees this year.

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