New Delhi, June 17 — Gold prices hit a fresh all-time high on Monday, reaching ₹99,214 per 10 grams, according to data from the India Bullion and Jewellers Association (IBJA). The surge marks a ₹156 increase from the previous day and a remarkable ₹23,052 jump since the start of the year.
Gold’s previous record was ₹99,170, registered on June 13. Silver prices also rose sharply, gaining ₹323 to settle at ₹1,06,490 per kilogram, approaching its record of ₹1,07,000.
Carat-wise Gold Rates:
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24 Carat: ₹99,214
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20 Carat: ₹90,880
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18 Carat: ₹74,411
22-carat gold prices vary across cities, as listed below.
Gold Prices in Major Cities (Per 10g):
Delhi - ₹1,01,660 ₹93,200
Mumbai - ₹1,01,510 ₹93,050
Kolkata - ₹1,01,510 ₹93,050
Chennai - ₹1,01,510 ₹93,050
Bhopal - ₹1,01,560 ₹93,100
Since January 1, gold has climbed from ₹76,162 to ₹99,214 per 10 grams, while silver has increased from ₹86,017 to ₹1,06,490—a spike of ₹20,473.
Kolkata - ₹1,01,510 ₹93,050
Chennai - ₹1,01,510 ₹93,050
Bhopal - ₹1,01,560 ₹93,100
Since January 1, gold has climbed from ₹76,162 to ₹99,214 per 10 grams, while silver has increased from ₹86,017 to ₹1,06,490—a spike of ₹20,473.
According to Ajay Kedia, Director at Kedia Advisory, the price surge is largely driven by rising geopolitical tensions, particularly the Israel-Iran conflict, prompting investors worldwide to seek refuge in gold.
“We expect gold to cross ₹1.03 lakh and silver to touch ₹1.30 lakh by the end of 2025,” Kedia said.
Advisory for Buyers:
The IBJA has urged consumers to buy only BIS-certified gold, which features a 6-digit Hallmark Unique Identification (HUID) number such as AZ4524. This ensures the authenticity and purity of the product.
“We expect gold to cross ₹1.03 lakh and silver to touch ₹1.30 lakh by the end of 2025,” Kedia said.
Advisory for Buyers:
The IBJA has urged consumers to buy only BIS-certified gold, which features a 6-digit Hallmark Unique Identification (HUID) number such as AZ4524. This ensures the authenticity and purity of the product.