New Delhi/Alive News: Gold and silver prices increased in the domestic market after Diwali. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold rose by ₹968 to ₹1.42 lakh. Meanwhile, silver became ₹3,132 more expensive, taking its price to ₹1.86 lakh per kg.
On November 6, the last trading day before the latest rise, gold was priced at around ₹1.41 lakh per 10 grams, while silver stood at ₹1.83 lakh per kg.
Gold and silver had become cheaper on Dhanteras
Before Diwali, both precious metals recorded a decline in prices on Dhanteras. Gold fell by ₹2,677 to around ₹1.41 lakh per 10 grams, while silver dropped by ₹4,432 to ₹1.83 lakh per kg.
Silver remains below its record high
Silver prices have witnessed significant fluctuations this year. On December 31, 2025, silver was priced at ₹2.30 lakh per kg. It reached a record high of ₹3.86 lakh on January 29, 2026. Since then, its price has fallen by around ₹2 lakh.
Similarly, gold increased from ₹1.33 lakh per 10 grams on December 31, 2025, to a peak of ₹1.76 lakh on January 29, 2026. It has since declined by approximately ₹34,000.
Why do gold prices vary across cities?
Gold prices can differ from one city to another due to transportation and security expenses, local demand and supply, jewellers’ purchase costs and pricing decisions by local jewellery associations.
Two things to check before buying gold
Customers should always purchase BIS-hallmarked gold and verify its purity before making a payment. They should also check the daily gold rate, confirm the weight and compare prices across multiple jewellers. Rates differ for 24-carat, 22-carat and 18-carat gold.
