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There was an increase in the prices of gold and silver today i.e. on 10th September. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by Rs 542 to Rs 1.54 lakh. At the same time, the price of one kg silver has increased by Rs 3,307 to Rs 2.39 lakh today.
This year gold has become costlier by ₹ 21 thousand
This year, there are continuous fluctuations in the prices of gold and silver. Gold has become costlier by Rs 20 thousand so far in 2026. On December 31, 2025, 10g gold was at Rs 1.33 lakh, which has now reached Rs 1.54 lakh.
Whereas silver was Rs 2.30 lakh per kg on December 31, 2025, which has now reached Rs 2.39 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.
By December, gold can reach Rs 1.70 lakh and silver can reach Rs 3 lakh.
Anindya Banerjee, Senior VP and Commodity Research Head, Kotak Securities, says that gold has the support of common investors as well as central banks around the world like RBI, which are continuously buying gold.
Even in difficult circumstances, gold will remain bullish. If the situation improves, a rise in silver may also be seen. According to the future situation that is visible now, the price of gold can reach Rs 1.70 lakh by December. The price of silver can also go up to Rs 3 lakh.
Keep these 3 things in mind while buying gold from jewelers
- 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.
- Price Cross Check: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.
- Making Charge Game: Making charge is the fee that jewelers charge for making gold into jewellery. It is not fixed. You can bargain on this. Jewelers are often willing to reduce this, especially if you are making a large purchase. You should directly ask them for the breakup of labor cost, so that you can get a better deal.
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