Patna: Gold and silver prices rose on February 18, extending recent volatility in the bullion market. According to data released by the India Bullion and Jewellers Association (IBJA), silver increased by Rs 4,000 per kilogram to Rs 2.37 lakh, up from Rs 2.33 lakh a day earlier.
Gold also registered a marginal gain. The price of 10 grams of 24-carat gold rose by Rs 98 to Rs 1.52 lakh. Despite the uptick, both precious metals remain below their all-time highs recorded on January 29, when gold had touched Rs 1.76 lakh per 10 grams and silver had surged to Rs 3.86 lakh per kilogram in the bullion market.
The broader trend over the past year reflects a sharp rise in prices. In 2025, gold climbed by Rs 57,000 — a 75% increase — rising from Rs 76,000 per 10 grams on December 31, 2024, to Rs 1.33 lakh by December 31, 2025.
Silver witnessed an even steeper surge during the same period, gaining Rs 1.44 lakh, or 167%. Its price rose from Rs 86,000 per kilogram at the end of 2024 to Rs 2.30 lakh per kilogram by the close of 2025.
Market analysts attribute the sustained rally in bullion prices to global economic uncertainty, currency fluctuations and sustained investor demand for safe-haven assets.
Consumers are advised to purchase certified gold carrying the Bureau of Indian Standards (BIS) hallmark, which verifies purity and caratage. The hallmark identification number is typically alphanumeric, such as “AZ4524”. Buyers are also encouraged to cross-check prevailing rates from reliable sources, including the IBJA website, and to confirm prices based on purity levels such as 24-carat, 22-carat or 18-carat gold before making a purchase.
