Silver Price Today: Silver Hits ₹2 Lakh per Kg, Gold Rises to ₹1.32 Lakh

18 Dec 2025 15:52 IST

Today, December 18, Silver Price reached its all-time high for the second consecutive day. According to the India Bullion and Jewellers Association (IBJA), the price of 1 kg of silver increased by ₹1,609 to ₹2,01,250 per kg. It had closed at ₹1,99,641 on December 17.

Yesterday, silver crossed the ₹2 lakh per kg mark for the first time. It had opened at ₹2,00,750 yesterday morning. So far this year, the price of silver has increased by ₹1,15,233.

Year	Silver Price
2004	₹10,000
2008	₹20,000
2011	₹30,000 – ₹50,000
2020	₹60,000
2023	₹70,000
2024	₹80,000 – ₹90,000
2025	₹1,00,000 – ₹2,00,000

4 Main Reasons for the Rise in Silver Prices

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1. Industrial Demand

Due to its widespread use in the solar, electronics, and electric vehicle (EV) sectors, silver is no longer limited to just jewelry.

2. Concerns over Trump's Tariffs

Fear of potential tariff policies is leading US companies to stockpile large quantities of silver. This has put pressure on the global supply.

3. Advance Purchases by Manufacturers

Manufacturers are making advance purchases due to concerns about potential production disruptions, which could sustain this rally in the coming months.

4. Increased Investment

Investors are increasing their investment in silver through silver ETFs, further strengthening demand.

Gold Rises by ₹137 to ₹1.32 Lakh

Silver Hits ₹2 Lakh

Today, 24-carat pure gold also rose by ₹137 to ₹1,32,454 per 10 grams. Yesterday, December 17, it was at ₹1,32,317. Gold had reached its all-time high of ₹1,33,442 per 10 grams on December 15. Meanwhile, silver crossed the ₹2 lakh per kilogram mark for the first time yesterday. It had opened at ₹2,00,750 yesterday morning. So far this year, the price of silver has increased by ₹1,15,233. This year, gold has become ₹56,292 more expensive and silver ₹1,15,233 more expensive.

So far this year, the price of gold has increased by ₹56,292. On December 31, 2024, the price of 10 grams of 24-karat gold was ₹76,162, which has now increased to ₹1,32,454.

During this period, the price of silver has also increased by ₹1,15,233. On December 31, 2024, the price of one kilogram of silver was ₹86,017, which has now increased to ₹2,01,250 per kilogram.

Date	Silver Price (₹/kg)	Gold Price (₹/10 grams)
9 December	₹1,78,893	₹1,27,974
10 December	₹1,85,488	₹1,27,788
11 December	₹1,86,988	₹1,28,596
12 December	₹1,95,180	₹1,32,710
15 December	₹1,92,222	₹1,33,442
16 December	₹1,91,971	₹1,32,136
17 December	₹1,99,641	₹1,32,317
18 December	₹2,01,250	₹1,32,454

Now, let's look at the answers to some important questions related to silver...

Gold Prices

1: How much more expensive can silver become in the coming days?

Ajay Kedia, Director of Kedia Advisory, says that the demand for silver is currently strong and is expected to remain so. In this situation, silver could reach ₹2.50 lakh next year. By the end of this year, the price of silver could reach ₹2.10 lakh per kilogram.

2: How beneficial or detrimental is it to buy jewelry at high prices?

Yes, if you are planning to buy silver jewelry, you can go ahead. The price of silver may increase further in the coming days, making it even more expensive.

3: How can a common investor invest in silver now?

You can invest in silver through Silver ETFs, but instead of investing a lump sum, it would be better to invest through a SIP (Systematic Investment Plan) every month. You can also buy silver coins.

Silver Price