New Delhi: Gold prices rose on Thursday while silver witnessed a fresh decline, continuing the volatile trend seen in the bullion market throughout 2026.
According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold increased by Rs 392 to reach Rs 1.59 lakh.
Silver prices, however, moved in the opposite direction. The price of 1kg of silver fell by Rs 1,494 to settle at Rs 2.66 lakh.
Gold And Silver Continue Volatile Run In 2026
Bullion prices have fluctuated sharply this year amid changing global market conditions, investor activity and profit-booking trends.
According to market data:
- Gold has become costlier by around Rs 26,000 so far in 2026
- Silver prices have risen by approximately Rs 37,000 this year
On December 31, 2025:
- Gold was priced at Rs 1.33 lakh per 10 grams
- Silver stood at Rs 2.30 lakh per kilogram
Current prices have since risen to:
- Rs 1.59 lakh for 10 grams of gold
- Around Rs 2.67 lakh per kilogram of silver
Record Highs Reached In January
Both precious metals touched record highs earlier this year during a sharp rally in January.
On January 29:
- Gold hit an all-time high of Rs 1.76 lakh per 10 grams
- Silver climbed to a record Rs 3.86 lakh per kilogram
Since then, bullion markets have witnessed repeated corrections and rebounds.
What Buyers Should Keep In Mind While Purchasing Gold
Market experts advise consumers to remain cautious and informed while purchasing gold jewellery or bullion products.
Key points buyers should verify include:
- Purchasing only BIS hallmarked and certified gold
- Checking the hallmark number to confirm purity standards
- Cross-checking prevailing gold prices from reliable sources such as the IBJA before making purchases
- Verifying the exact weight and making charges quoted by jewellers
Officials note that hallmark certification helps ensure authenticity and protects buyers against purity-related discrepancies in gold purchases.
