This week, the price of gold increased and the price of silver decreased. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on March 29, gold was at Rs 89,164, which has now reached Rs 91,014 per 10 grams (April 5). That is, its price has increased by Rs 1,850 this week.
Talking about silver, it was at Rs 1,00,892 last Saturday, which has now come down to Rs 92,910 per kg. Thus, its price has decreased by Rs 7,982 this week. On March 28, silver had made an all-time high of Rs 1,00,934 and on April 3, gold had made an all-time high of Rs 91,205.
Gold Prices in 2025: Year-to-Date Increase of ₹14,852
This year, i.e. from January 1 till now, the price of 10 grams of 24 carat gold has increased by Rs 14,852 from Rs 76,162 to Rs 91,014. At the same time, the price of silver has also increased by Rs 6,895 from Rs 86,017 per kg to Rs 92,910. Last year, i.e. in 2024, gold became costlier by Rs 12,810.
Factors Driving Gold Price Rise in 2025
There are many factors behind the increase in gold prices this week:
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Geopolitical Tensions: Increased global instability, especially with the stress around the US presidential and international relations, is increasing the demand for gold as a safe-hevan investment.
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Weakening of the Indian Rupee: As the rupee continues to weaken against the US dollar, gold becomes more expensive, which increases the purchase.
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Stock Market Volatility: With the ups and downs in the stock market, more investors are turning to gold as more stable property.
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Rising Inflation: As inflation increases, investors are using gold as a hedge against the low purchase power of the currency.
Gold Prices Could Reach Rs 94,000 in 2025
Ajay Kedia, director of Kedia Advisory, says that gold is getting support due to increasing geo-political tension. At the same time, investment in gold ETF is also increasing. This is increasing the demand for gold. In such a situation, this year gold can cross Rs 94 thousand per 10 grams.
If we talk about silver, then according to Anuj Gupta, Commodity and Currency Head of HDFC Securities, its price can see further increase. By the end of the year, silver can reach up to Rs 1 lakh 8 thousand.
