Gold and Silver Price Today: Gold jumps ₹6,050 to ₹1,49,200 per 10g, Silver surges ₹20,940 to ₹2,54,200 per kg in India today. Check latest gold & silver rates and market trends.
Gold and Silver Price Today: After several days of decline, gold and silver prices witnessed a sharp rebound in the Indian bullion market today. Gold gained approximately ₹6,050, reaching ₹1,49,200 per 10 grams, while silver surged by nearly 9%, with its rates rising ₹20,940 to ₹2,54,200 per kilogram.
Market Drivers Behind the Surge
The sudden spike comes after India and the United States reached an agreement on trade matters, including an 18% tariff reduction. This positive development impacted not only the stock market but also the commodity sector. After five consecutive days of declining prices, gold and silver regained momentum, attracting investors and traders.
also read:- Missed the Gold Rally? Union Budget 2026 Could Offer a…
Gold rose by ₹6,050, while silver prices jumped by ₹20,940, reflecting renewed demand and optimism in the market. These movements underline the sensitivity of precious metals to international trade agreements and economic policies.
Previous Decline in Gold and Silver Price
Earlier, on Monday, February 2, the All India Sarafa Association reported a significant drop in precious metal prices. Silver fell sharply for the third consecutive day, dropping ₹52,000 to reach ₹2.60 lakh per kilogram. Over the past three sessions, silver prices declined by around 36% from their January 29 peak. Similarly, 99.9% pure gold prices fell ₹12,800, settling at ₹1,52,700 per 10 grams.
International Market Trends
The global commodity market mirrored the recovery. On COMEX, gold traded at approximately $4,789 per ounce, up around 3% or $137, during Tuesday morning trading. Silver saw an even sharper rally, climbing 5.81% or roughly $4.4 to $81 per ounce. These international gains contributed to the domestic surge in bullion prices.
For More Hindi News:- http://newz24india.com