Silver Price Today: Gold and silver prices are continuously increasing. Silver prices are surging. Every day, silver prices are rising sharply. In just two trading days this week, the price of 1 kg of silver has increased by more than Rs. 32,000. On the other hand, gold prices are also continuously rising. On January 20th, gold reached its all-time high for the second consecutive day.
According to the India Bullion and Jewellers Association (IBJA), gold has increased by Rs. 2,429 to Rs. 1,46,375 per 10 grams. Yesterday, it was at Rs. 1,43,946. One kilogram of silver has crossed the Rs. 3 lakh mark for the first time in the bullion market. Today, it increased by Rs. 10,888 to Rs. 3,04,863. Yesterday, it was at Rs. 2,93,975. On MCX, silver has crossed the Rs. 3 lakh mark.
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Increase in Silver Price
In two days, it has increased by Rs. 32,187 per kilogram. On the last trading day of the past week, the futures price of 1 kilogram of silver closed at Rs. 2,87,762, while on the Multi Commodity Exchange, the silver price opened at Rs. 3,19,949 on Tuesday.
City-Wise Silver Rate
In Chennai, the price of 1 kilogram of silver is Rs. 3,30,000.
In Mumbai, the price of 1 kilogram of silver is Rs. 3,15,000.
In Delhi, the price of 1 kilogram of silver is Rs. 3,15,000.
In Kolkata, the price of 1 kilogram of silver is Rs. 3,15,000.
In Bengaluru, the price of 1 kilogram of silver is Rs. 3,15,000.
In Hyderabad, the price of 1 kilogram of silver is Rs. 3,30,000.
In Kerala, the price of 1 kilogram of silver is ₹3,30,000.
In Pune, the price of 1 kilogram of silver is ₹3,15,000.
In Ahmedabad, the price of 1 kilogram of silver is ₹3,15,000.
Gold and silver shine amidst global tensions.
The sharp surge in gold and silver rates is due to Donald Trump once again fanning the flames of tariff tensions, which has increased global tensions. In this situation, investors have once again turned to gold and silver as safe-haven investments, driving demand and prices higher. The turmoil in the currency market has also contributed to the price increase.
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