Gold jumps ₹1,000 a gram overnight, Silver crosses ₹4 lakh mark in one-day shock

Sharp single-day surge sends gold to ₹1.78 lakh per 10 grams and silver soaring by ₹30,000 per kg, surprising buyers and traders alike.

Precious metal prices witnessed a sudden and steep rise today, leaving buyers and the jewellery market stunned. Both gold and silver recorded sharp single-day gains, with gold jumping by ₹1,000 per gram and silver crossing the ₹4 lakh mark per kilogram.

Gold prices moved sharply upward across all categories. The price of 24-carat gold, which stood at ₹16,800 per gram yesterday, climbed to ₹17,800 today, a clear increase of ₹1,000 per gram in just one day. With this rise, the price of 10 grams of 24-carat gold has reached ₹1,78,000.

Also Read:GBA orders task forces to track road widening, illegal buildings across Bengaluru

A similar trend was seen in 22-carat gold. The rate increased from ₹15,380 per gram yesterday to ₹16,400 per gram today. As a result, 10 grams of 22-carat gold is now priced at ₹1,64,000, marking a significant overnight jump.

Silver prices saw an even more dramatic spike. In a single day, silver surged by ₹30,000 per kilogram. Yesterday, one kilogram of silver was priced at ₹3,80,000. Today, it has jumped to ₹4,10,000, firmly crossing the ₹4 lakh psychological barrier.

The sudden rise in both gold and silver prices has drawn attention from investors, jewellers, and the general public, especially as such sharp movements in a single day are rare. Market observers note that the steep increase has made buying jewellery and bullion costlier, while those holding precious metals have seen the value of their assets rise significantly overnight.