The national capital saw a huge rise in gold and silver prices on Thursday. The price of gold increased by ₹ 400 per 10 grams, while silver became ₹ 1,500 per kg expensive. According to the All India Bullion Association, this fast has come due to the fresh purchase of stockists and strength in global markets. According to PTI news, gold with 99.9% purity reached ₹ 1,01,420 per 10 grams on Thursday (14 August 2025), while on Wednesday it was ₹ 1,01,020 per 10 grams. Similarly, gold with 99.5% purity increased by ₹ 400 to ₹ 1,01,000 per 10 grams (including all taxes). Earlier on Wednesday, its price was ₹ 1,00,600.
Silver price also increased
Silver prices also saw a strong rise. On Thursday, silver rose to ₹ 1,500 to ₹ 1,13,500 per kg (including all taxes).
Why prices increased
According to Ogent’s research head Renisha Chanani, traders hope that the US Federal Reserve will cut interest rates in September. The softening in the US labor market and the CPI report has reduced pressure on inflation, giving support to Gold-Silver.
What do market experts say
The price of spot gold in New York is trading at the USD at 3,356.96 an ounce with a slight rise. According to AVP Canat Chanwala, Commodity Research of Kotak Securities, 90 -day tariff break between the US and China and the upcoming dialogues of international leaders can limit the boom of gold.
At the same time, Jatin Trivedi, VP research analyst of LKP Securities, says that gold has been supported by dollar weakness. As long as the gold remains above the USD 3,280 an ounce, its direction will be positive. However, in the global market, spot silver declined by 0.41% and came to USD to 38.35 an ounce.
Latest business news
