New Delhi: Gold and silver prices rose on September 18, with silver gaining Rs 6,474 per kg to reach Rs 2.36 lakh, while 24-carat gold increased by Rs 1,809 per 10 grams to Rs 1.54 lakh, according to data from the India Bullion and Jewellers Association (IBJA).
A day earlier, 24-carat gold was priced at around Rs 1.52 lakh per 10 grams, while silver was at Rs 2.30 lakh per kg.
Gold Could Reach Rs 1.70 Lakh By December
According to a market expert, gold continues to receive support from retail investors as well as central banks, including the Reserve Bank of India, which have been buying the precious metal.
Gold could continue to see upward movement even amid difficult global conditions. If conditions improve, silver could also see further gains.
Based on the outlook cited in the report, gold could reach Rs 1.70 lakh per 10 grams and silver could touch Rs 3 lakh per kg by December.
These are market projections and actual prices may vary depending on domestic and international market conditions.
Gold Up Rs 21,000 In 2026
Gold prices have risen significantly since the beginning of 2026. On December 31, 2025, 10 grams of gold was priced at around Rs 1.33 lakh, compared with Rs 1.54 lakh currently, representing an increase of about Rs 21,000.
Silver, meanwhile, was priced at Rs 2.30 lakh per kg on December 31, 2025 and has now reached Rs 2.36 lakh.
Both precious metals have also recorded significant highs during the year. On January 29, gold reached Rs 1.76 lakh per 10 grams, while silver touched Rs 3.86 lakh per kg, according to the figures cited in the report.
What To Check When Buying Gold
Consumers buying gold jewellery are advised to check whether the product carries a Bureau of Indian Standards (BIS) hallmark. The hallmark helps identify the purity of the gold.
Buyers should also compare the prevailing gold price from reliable sources before making a purchase. Gold rates differ according to purity, including 24-carat, 22-carat and 18-carat gold.
Another factor is the making charge, which jewellers add for converting gold into jewellery. Making charges can vary between jewellers, so buyers can ask for a clear breakup of labour and other charges before completing the purchase.
With gold and silver prices continuing to fluctuate, checking purity, the applicable rate and additional charges can help buyers understand the total cost of their jewellery purchase.
