Today’s Gold-Silver Price: The price of silver rose by storm! Will break the record of 2 lakhs? Buyers broke a sweat after reading today’s rates

• Silver reached a new height!
• The price of silver shocked investors!
• 2 lakh figure is very close now

Gold Rate Today: India has seen a huge increase in the price of silver for the past several days. After gold prices came under control, now silver prices have taken a big leap. Silver, which was once available for purchase at less than Rs 1 lakh, has now crossed the threshold of Rs 2 lakh. As silver is rising rapidly, the anxiety of buyers has increased tremendously. Not only the price of silver but also the price of gold is seeing a huge increase.

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In India on December 5, 24 carat gold was priced at Rs 12,965 per gram, 22 carat gold at Rs 11,884 per gram and 18 carat gold at Rs 9,723 per gram. In India on December 5, 22 carat gold was priced at Rs 1,18,840 per 10 gm, 24 carat gold at Rs 1,29,650 per 10 gm and 18 carat gold at Rs 97,230 per 10 gm. Silver price in India on December 3 is Rs 190.90 per gram and Rs 1,90,900 per kg. (Photo Courtesy – Pinterest)

In the cities of Mumbai, Pune, Kerala, Kolkata and Hyderabad today, 22 carat gold is priced at Rs 1,18,840 per 10 grams, 24 carat gold at Rs 1,29,650 per 10 grams and 18 carat gold at Rs 97,230 per 10 grams. Also in the cities of Lucknow, Chandigarh and Jaipur, the rate of 22 carat gold per 10 grams is Rs 1,18,990, the rate of 24 carat gold is Rs 1,29,800 per 10 grams and the rate of 18 carat gold is Rs 97,380 per 10 grams. Today in Nashik city, 22 carat gold is priced at Rs 1,18,870 per 10 gm, 24 carat gold at Rs 1,29,650 per 10 gm and 18 carat gold at Rs 97,260 per 10 gm.

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There are some major reasons behind the rise in silver prices. The most prominent reason for this is the increasing demand in the international market. Due to increase in industrial and investment demand worldwide, silver prices have also increased in India. Apart from this, the industrial demand for silver has increased tremendously due to batteries, sensors, chips, solar panels. Inflation has also increased. Therefore, the price of silver is continuously increasing.

Note: The above gold rates are exclusive of GST, TCS and other taxes. Check with your local jeweler for exact rates.