New Delhi/Patna: Gold and silver prices registered a fresh increase on Monday, continuing the volatile trend witnessed across bullion markets in 2026.
According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold rose by Rs 1,168 to reach Rs 1.59 lakh.
Silver prices also climbed sharply, with one kilogram of silver increasing by Rs 2,181 to Rs 2.70 lakh. The metal had previously been trading at around Rs 2.68 lakh per kilogram.
Gold Prices By Karat
| Karat | Rate (per 10 grams) |
|---|---|
| 24-carat | Rs 1,58,907 |
| 22-carat | Rs 1,45,559 |
| 18-carat | Rs 1,19,180 |
| 14-carat | Rs 92,961 |
Gold Rates In Major Cities
| City | 24-Carat Gold (10g) |
|---|---|
| Delhi | Rs 1,57,190 |
| Mumbai | Rs 1,57,040 |
| Kolkata | Rs 1,57,040 |
| Jaipur | Rs 1,57,190 |
| Bhopal | Rs 1,57,090 |
| Patna | Rs 1,57,090 |
| Lucknow | Rs 1,57,190 |
| Raipur | Rs 1,57,040 |
| Ahmedabad | Rs 1,57,090 |
Source: Goodreturns, May 19, 2026
Precious Metals Continue Volatile Run In 2026
Gold and silver prices have witnessed sharp fluctuations throughout the year.
Since the beginning of 2026:
- gold prices have risen by nearly Rs 26,000 per 10 grams
- silver prices have increased by around Rs 40,000 per kilogram
On December 31, 2025:
- 10 grams of gold was priced at Rs 1.33 lakh
- silver stood at Rs 2.30 lakh per kilogram
Both metals also touched record highs earlier this year. On January 29:
- gold hit an all-time high of Rs 1.76 lakh
- silver touched Rs 3.86 lakh per kilogram
Import Duty Hike Continues To Impact Prices
The Central Government recently increased import duties on gold and silver from 6% to 15%.
The revised structure includes:
- 10% Basic Customs Duty
- 5% Agriculture Infrastructure and Development Cess (AIDC) on gold imports
Analysts say the higher import duty, combined with global market uncertainty and strong investor demand, has contributed to sustained volatility in domestic bullion prices.
