In this festive season, Gold and silver prices are showing bullish behavior in the market where, Gold is at lifetime high value of Rs 1,23,677 per 10 grams and Yesterday, silver reached to its all time high value of Rs 1,53,388 per kilo grams . A continuous surge has been observed in silver from 18 September 2025, when it was trading around Rs 1,27,532 and now reached to value increased by Rs 25,856 per kilograms.
This festive season, both gold and silver might be a bit expensive, you can think of it as a dip in gold and silver prices, as both metals are expected to soar even higher in the coming months.
While Gold is shining at its life time high value of Rs 1,23,677 per 10 grams and silver has touched its all time high value of Rs 1,53,388 per kilogram. This surge in prices reflect strong investor confidence and festive demand over these precious metals.
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What’s next for the yellow metal?
On the futures market, yellow metal on the Multi-Commodity Exchange (MCX), running at Rs 1,21,350 with a 0.43 per cent green (at the time of writing), and a less of Rs 2,327 to its all time high value of Rs 1,23,677 per 10 grams.
If compare from last week, gold prices were around Rs 1,18,345 per 10 grams, which shows it has been surged by a value of Rs 3,005 this week.
Whereas, in the international market the $4,001 per ounce, keeping it as its strongest long-term commodity pick.
On major factor behind gold’s sharp rise is the declining value of the US dollar. As the dollar weakens, investors around the world are shifting towards safe-haven assets like gold and silver driving its prices even higher.
Gold is currently trading at its lifetime high, and it seems almost impossible for any other metal even white metal to outshine it at the moment. However, market experts are closely monitoring the trend, and many believe that in the coming months, silver could deliver a remarkably bullish performance.
Keeping Pace: Silver follows gold’s surge
Silver prices have surged to an all-time high of Rs 1,53,388 per kilogram, marking a remarkable rally in recent weeks. Since September 18, 2025, silver has shown a consistent upward momentum, climbing from around Rs 1,27,532 per kilogram, recording a massive gain of Rs 25,856 per kilogram.
Although Ajay Kedia, MD, Kedia Commodities says – “The metal has gained more than 70 per cent this year, outpacing gold which is running around Rs 123677. The white metal is supported by tight supplies and soaring borrowing costs in the London market. Demand from renewable energy sectors such as solar and wind continues to reinforce bullish sentiment, while persistent deficits are expected to sustain the supply-demand imbalance into 2025.”
In the international market as well, spot silver hit record $ 51 per ounce, reflecting strong global demand and bullish sentiment.
In one week, ETFs of Nippon India Silver ETF has been surged by 11%, this institutional demand of ETF is also impacting silver prices.
It may be difficult for silver to challenge gold right now, but its steady upward movement suggests that silver could soon emerge as a strong competitor, even as gold continues to shine at its lifetime high.
Key drivers of the precious metals boom
In the Indian market, a rise in gold and silver prices during the festive season is quite natural.
However, this surge is further supported by strong ETF inflows, a weakening US dollar and high institutional demand from sectors like electronics, healthcare, and jewellery manufacturing.
