Archive · 23 Jul 2025
Silver Hits Record High as Gold Prices Also Surge
Gold and silver prices have recently gone up.
Silver hit an all-time high price.
People are buying more gold because they are worried about what's happening in the world, like trade issues.
The value of the US Dollar has also gone down, which can make gold more appealing.
There's also a lot of demand for silver from businesses.
Investors are waiting for more information on how economies are doing to help decide what the prices of gold and silver will do next.
Silver prices surged to a record high of Rs 1.18 lakh per kg.
Gold also advanced, with 99.9% purity reaching Rs 1,01,020 per 10 grams.
The increase in gold and silver prices was noted in the national capital.
Market uncertainty and a weak US Dollar are contributing to gold's demand.
Industrial demand is driving the bullish sentiment in the silver market.
- Who
- Bullion traders and investors.
- What
- Silver and gold prices surged.
- When
- On Wednesday.
- Where
- In the national capital and the commodities market.
- Why
- Due to heavy buying, market uncertainty, and industrial demand.
Factors Influencing Price
Factors Influencing Price
Driving Forces
Factors Influencing Price
Global Uncertainty rises, largely due to diminishing expectations for a US-EU trade deal ahead of the August 1 deadline
Factors Influencing Price
Industrial demand
- Silver Price (per kg)
- Rs 1.18 lakh
- Gold Price (99.9% purity per 10 grams)
- Rs 1,01,020
- Gold Price Increase (per 10 grams)
- Rs 1,000
- Silver increase
- Rs 4,000
- Spot gold
- USD 3,422.87 per ounce
- Spot silver
- USD 39.39 per ounce