Silver crossed Rs 2 lakh per kg for the first time, prices doubled in 9 months, it took 14 years to reach from Rs 50 thousand to Rs 1 lakh.

New Delhi. Silver has crossed Rs 2 lakh per kg for the first time on December 17. According to India Bullion and Jewelers Association (IBJA), one kg silver opened at Rs 2,00,750 in the morning. However, after this there was a slight decline in its price and it increased by Rs 7,664 and closed at Rs 1,99,641 per kg. Earlier it was at Rs 1,91,977.

Read :- Gold Silver Rate Today: Rise in gold and silver, know the rate before buying.

On March 18, silver reached Rs 1 lakh for the first time. That means it took only 9 months for silver to reach Rs 1 lakh to Rs 2 lakh per kg. Whereas it took 14 years to reach from Rs 50 thousand to Rs 1 lakh. With the current price, silver is now at an all-time high.

Gold increased by Rs 540 to Rs 1.32 lakh

Today, gold of 24 carat purity has also increased by Rs 540 to Rs 1,32,317 per 10 grams. Earlier yesterday i.e. on 16th December it was at Rs 1,31,777. On the other hand, gold had made an all-time high of Rs 1,33,442 per 10 grams on December 15.

Read :- Silver Rate Today: Investors’ interest in silver increased, price of white metal reached all-time high rate.

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