Patna: Gold and silver prices moved higher on February 9, signalling renewed buying interest after a sharp decline over the past few trading sessions.
According to the India Bullion and Jewellers Association, the price of 10 grams of 24-carat gold rose by Rs 3,515 to Rs 1,55,593, compared with Rs 1,52,078 previously. Silver prices also saw a strong uptick, climbing Rs 16,826 to Rs 2,61,755 per kilogram from Rs 2,44,929.
The rebound follows a period of heavy correction in the bullion market. Over the last three trading sessions, gold and silver prices had fallen sharply, with gold becoming cheaper by nearly 15%. Market participants say prices have now stabilised, encouraging investors to re-enter at lower levels.
Despite the renewed interest, experts have urged caution. They advise investors to avoid putting large sums into gold or silver at one time, recommending staggered or gradual investments to manage risk amid continued volatility.
Earlier this year, bullion prices touched record highs in the domestic market. On January 29, gold peaked at Rs 1,76,121 per 10 grams, while silver reached Rs 3,85,933 per kilogram, underscoring the scale of recent price swings.
The longer-term trend, however, has been sharply upward. In 2025, gold prices rose by around 75%, increasing by nearly Rs 57,000 over the year. On December 31, 2024, 10 grams of 24-carat gold was priced at Rs 76,162, climbing to Rs 1,33,195 by the end of 2025.
Silver posted even steeper gains, rising by about 167% during the same period. Prices increased by roughly Rs 1.44 lakh, from Rs 86,017 per kilogram on December 31, 2024, to Rs 2,30,420 by December 31, 2025.
Analysts say the recent correction and rebound reflect heightened volatility in precious metals, with global cues and investor sentiment continuing to play a decisive role in price movements.
