Silver and Gold Price: Amid the strong global trend, a sharp increase in the prices of gold and silver was seen in the bullion market of Delhi on Wednesday. According to All India Bullion Association, on Wednesday the price of silver in Delhi increased by a huge Rs 9,000, or 3.8 percent, to Rs 2,46,000 per kg. Let us tell you that on Monday the price of silver closed at Rs 2,37,000 per kg. Apart from silver, today the price of gold of 99.9 percent purity also saw a sharp rise of Rs 3,500 i.e. 2.3 percent. With this rise, the price of gold reached Rs 1,55,000 per 10 grams. On Monday, the price of gold closed at Rs 1,51,500 per 10 grams. Let us tell you that the bullion markets were closed on Tuesday on the occasion of Mahavir Jayanti.
Gold and silver prices increased due to signs of easing tension in West Asia
HDFC Securities Senior Commodity Analyst Saumil Gandhi said that gold prices continued to rise on Wednesday also. The main reason for this rise is the signs of reducing tension in West Asia. This is expected to reduce the risk of further tensions or damage to energy infrastructure. He said that due to this development, oil prices are expected to remain soft. This reduces concerns about inflation and also reduces the possibility of further increases in interest rates by central banks.
Rise in gold and silver prices in the international market
In the last financial year 2025-26, gold prices rose by Rs 57,350, or about 61 percent, to Rs 1,55,000 per 10 grams. On April 1, 2025, the price of gold was recorded at Rs 94,150 per 10 grams. Silver prices also saw a huge jump of Rs 1,34,500 during this period, due to which investors in the domestic markets got a profit of more than 131 percent. In the international market, spot gold rose by $ 76.51, or about 2 percent, to $ 4,743.89 an ounce, while silver fell marginally at $ 75.04 an ounce.