Gold and silver prices, which have been falling for the past few days, are now seeing a good rebound once again. After falling for three consecutive days, both the precious metals regained the trend of inflation on the last day of the market on Friday. This created a stir among investors and customers waiting to buy jewellery.
The price of 24-carat pure gold has increased by a whopping Rs 790 and the current price has reached Rs 98,243 per 10 grams. On Thursday, the same rate was Rs 97,453. The price of ten grams of 22-carat gold has now reached Rs 89,991, while 18-carat gold has reached Rs 73,682. The India Bullion Jewellers Association (IBJA) announces these prices every morning and evening, and looking at today’s figures, a bullish atmosphere is seen forming in the market again.
Silver has also followed in the footsteps of gold and has gone up. In just one day, the price of silver increased by a significant amount of Rs 1,700. Now the price of silver has reached Rs 1,12,700 per kg. Earlier, silver had touched a high of Rs 1,13,867 on Monday, so this move is considered important for investment.
This increase continues in the futures market too. On the Multi Commodity Exchange (MCX), the price of gold contract for August 5, 2025 has increased by 0.57 percent to Rs 98,030. While the silver contract for September 5, 2025 has jumped by 0.94 percent to Rs 1,13,387.
This is not only the domestic but also the international market. On the major international market, COMEX, the price of gold has increased by 0.46 percent to $ 3,360.80 per ounce. The price of silver has increased even faster by 1.09 percent to $ 38.72 per ounce.
With this, consumers looking forward to festive shopping will have to be vigilant. Whether these prices can increase further or stabilize again will depend on the market fluctuations in the coming week. But one thing is for sure the shine of gold and silver has started to shine again in the market.