Gold and Silver Prices Go Out of Control, Silver Crosses ₹4 Lakh — Check Today’s Rates

Gold and Silver Prices Go Out of Control, Silver Crosses ₹4 Lakh — Check Today’s Rates

Gold and silver prices have witnessed a massive surge in the bullion market, surprising investors and buyers alike. Silver has gone completely out of control and crossed the historic level of ₹4 lakh per kilogram, while gold is also trading at record-high levels.

Today’s Bullion Rates (Indicative)

Gold: ₹18,652 per gram

Silver: Above ₹4,00,000 per kg

(Prices may vary by city, taxes, and jeweller margins.)

Market experts say the sharp rise is driven by strong global demand, inflation concerns, a weak dollar, and ongoing geopolitical tensions. Silver prices are additionally supported by rising industrial demand, especially in electronics and renewable energy sectors.

Key Reasons Behind the Surge

Global economic uncertainty

Safe-haven buying by investors

Rising industrial demand for silver

Volatility in international commodity markets

Expert Advice

Experts suggest caution at these elevated levels. While gold and silver remain strong long-term investment options, short-term price fluctuations are likely. Investors are advised to invest gradually, while jewellery buyers may wait for a possible correction.

With precious metals touching new highs, market participants are closely watching global economic signals to predict the next move.

Stay connected for the latest updates on gold and silver prices.