Patna: Silver prices climbed steeply on Friday, while gold recorded a more modest increase, extending a volatile trend in the bullion market so far this year.
According to the India Bullion and Jewellers Association, the price of silver rose by Rs 4,855 to reach Rs 2,41,013 per kilogram, up from Rs 2,36,158 recorded on April 9. Gold prices also moved higher, with 24-carat gold rising by Rs 368 to Rs 1,50,305 per 10 grams, compared with Rs 1,49,937 a day earlier.
Prices varied across purity levels, with 22-carat gold at Rs 1,37,679 per 10 grams, 18-carat at Rs 1,12,729, and 14-carat at Rs 87,928.
Across major cities, gold prices remained broadly aligned, hovering around Rs 1.53 lakh per 10 grams in Delhi, Mumbai and Kolkata, while Chennai recorded slightly higher rates at Rs 1,54,090.
Analysts say regional price differences are influenced by multiple factors, including transportation and security costs, variations in demand, and local market dynamics. The rate at which jewellers procure existing stock also plays a role in determining retail prices.
So far in 2026, gold prices have risen by Rs 17,110, while silver has gained Rs 10,593, reflecting sustained volatility. At the end of December 2025, gold was priced at Rs 1,33,195 per 10 grams, and has since climbed to Rs 1,50,305. Silver, meanwhile, has increased from Rs 2,30,420 per kilogram to Rs 2,41,013.
Both metals saw sharp peaks earlier in the year. Gold touched a record high of Rs 1,76,121 on January 29, while silver surged to Rs 3,85,933. However, prices declined following geopolitical tensions at the end of February, and have since fluctuated amid global uncertainty.
Despite recent corrections, bullion markets continue to reflect strong investor interest, with prices responding to both domestic demand and international developments.
