Gold Silver Price Today 12 January: Silver Hits ₹2.62 Lakh, Gold Above ₹1.40 Lakh

Gold Silver Price Today 12 January: On Monday, January 12, gold and silver prices witnessed a sharp increase. Silver prices rose so rapidly today that they broke all previous records on the MCX (Multi-Commodity Exchange). Gold prices increased by more than ₹2,000 per 10 grams today, while silver prices increased by approximately ₹10,000. Let's find out the price of gold and silver in your city today.

Gold Silver Price Today: What is the price of silver?

At approximately 10:30 AM, the price of 1 kg of silver was recorded at ₹2,62,097. This is an increase of ₹9,372 per kg. Silver has so far recorded a low of ₹2,60,711 per kg and a high of ₹2,63,996 per kg.

Gold Silver Price Today: What is the price of gold?

At approximately 10:30 AM, the price of 10 grams of gold was ₹1,40,831. This is an increase of ₹2,012 per 10 grams. Gold has so far recorded a low of ₹1,39,600 per 10 grams and a high of ₹1,41,250 per 10 grams.

Prices in Different Cities

According to the table above, gold is cheapest in Patna today. The price of 10 grams of gold there is ₹141,200. Gold prices are highest in Bhopal and Indore, where 10 grams of gold costs ₹141,440. As for silver, it is cheapest in Patna today, where 1 kg costs ₹262,570. Like gold, silver is most expensive in Bhopal and Indore, where 1 kg costs ₹263,090.

Will gold's shine continue despite minor fluctuations?

Gold prices witnessed a historic surge during 2025. While many investors believe this rally may slow down, several major money managers worldwide remain positive. They believe that the factors that drove gold to record highs are still present and will continue to provide support. According to Mike Wilson, Chief Investment Officer at Morgan Stanley, gold has now become an "anti-fiat currency play."

However, it is also worth noting that after a major rally, gold can remain stable for a long period. In 2011, gold reached a record high of $1,921 per ounce, but it took nine years to return to that level. The rally in 1979 was also followed by a long period of stagnation.

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Read More: Silver Price Today Jumps Over ₹6,000, Gold Also Rises Sharply on MCX