Gold increased by ₹ 939 to ₹ 1.36 lakh per 10 grams: Silver became costlier by ₹ 2,225 and was being sold at ₹ 2.37 lakh per kg, see gold rates according to carat.

There is an increase in the prices of gold and silver today i.e. on 5th January. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 939 to Rs 1,35,721. Earlier it was at Rs 1,34,782.

At the same time, the price of one kg silver has increased by Rs 2,225 to Rs 2,36,775. Earlier its price was Rs 2,34,550 per kg. Earlier, on December 29, 2025, gold had reached an all-time high of Rs 1,38,161 and silver had reached an all-time high of Rs 2,43,483.

Why are rates different in different cities? IBJA gold prices do not include 3% GST, making charge, jewelers margin. Therefore the rates of cities are different from this. RBI uses these rates to decide the rates of Sovereign Gold Bond. Many banks use it to decide the rates of gold loan.

Gold will become costlier by 75% and silver by 167% in 2025

• Last year i.e. in 2025, the price of gold has increased by Rs 57,033 (75%). On December 31, 2024, 10 grams of 24 carat gold was worth Rs 76,162, which will become Rs 1,33,195 on December 31, 2025.
• The price of silver also increased by Rs 1,44,403 (167%) during this period. On December 31, 2024, the price of one kg silver was Rs 86,017, which became Rs 2,30,420 per kg on the last day of this year.

3 main reasons for the rise in gold

• Dollar weak – Due to America’s reduction in interest rates, the dollar weakened and the holding cost of gold came down, due to which people started buying it.
• Geopolitical – Due to Russia-Ukraine war and increasing tension in the world, investors are buying gold considering it as the safest investment.
• reserve Bank – Countries like China are filling their reserve banks with gold, they are purchasing more than 900 tonnes in a year, hence the prices are going up.

3 main reasons for the rise in silver

• Industrial Demand – Heavily used in solar, electronics and EV, silver has now become an essential raw material and not just jewellery.
• Trump’s tariff fear – American companies are accumulating huge stocks of silver, prices rose due to reduction in global supply.
• Manufacturers in competition – Everyone is already buying due to the fear of production stoppage, which is why the rise will continue in the coming months also.

Prices may increase further in the coming days Ajay Kedia, Director of Kedia Advisory, says that the demand for silver is currently on a rise which is expected to continue further. In such a situation, silver can go up to Rs 2.75 lakh this year. If we talk about gold, its demand also remains strong. In such a situation, by the end of this year it can cross Rs 1.50 lakh per 10 grams.

There is more news…