Gold Hits Record High: 10 Grams Cross Rs 1.06 Lakh, Silver Rises Too (2 September 2025)
Precious metals continue their upward rally in India, with both gold and silver drawing investor attention. Here’s everything you need to know.
Bottom Line: gold has crossed Rs 1.06 lakh per 10 grams, while silver continues its upward momentum. Investors should track market trends, consider wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital investment options, and plan purchases carefully during high-price periods.
1. Record gold Prices Today
24-carat gold: Rs 1,06,200 per 10 grams22-carat gold: Rs 97,400 per 10 gramsBullion traders report strong domestic and international demand.2. silver Also Joins the Rally
Silver price: Rs 1,26,100 per kilogram (Rs 100 up from yesterday)Rising demand comes from both safe-haven investment and industrial usage in sectors like renewable energy and electronics.3. Why Are gold Prices Rising?
Expectations of US Federal Reserve rate cuts: Lower interest rates reduce returns on fixed-income assets, prompting investors to buy gold.Geopolitical tensions and economic uncertainties: Concerns over US policies and global conflicts increase demand for safe assets.Weakening indian Rupee: Makes gold imports costlier, pushing domestic prices higher.Silver demand from industries: Solar, electronics, and EV sectors boost silver consumption.4. gold Rates Across Major indian Cities (2 september 2025)
| City | 22 Carat gold (Rs /10 gm) | 24 Carat gold (Rs /10 gm) |
| Delhi | 97,400 | 1,06,240 |
| Chennai | 97,250 | 1,06,090 |
| Mumbai | 97,250 | 1,06,090 |
| Kolkata | 97,250 | 1,06,240 |
| Jaipur | 97,400 | 1,06,240 |
| Noida | 97,400 | 1,06,240 |
| Ghaziabad | 97,400 | 1,06,240 |
| Lucknow | 97,400 | 1,06,240 |
| Bengaluru | 97,250 | 1,06,090 |
| Patna | 97,250 | 1,06,090 |
5. How gold Prices Are Determined in India
International Market Trends: Global spot prices influence domestic rates.Import Duties and Taxes: Customs duties affect the cost of imported gold.Currency Fluctuations: A weaker rupee raises domestic gold prices.Cultural & Seasonal Demand: Festivals, weddings, and rituals push prices higher.6. Investor Outlook
Gold: Strong hedge against inflation and economic uncertainty. Consider Gold ETFs or wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital gold for small, affordable investments.Silver: Attractive for both investment and industrial purposes, especially in renewable energy. Expected to remain in demand.Festive Season: Demand for both metals likely to rise further, potentially keeping prices elevated.Bottom Line: gold has crossed Rs 1.06 lakh per 10 grams, while silver continues its upward momentum. Investors should track market trends, consider wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital investment options, and plan purchases carefully during high-price periods.