Tue Oct 07 09:50:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
**Headline: Gold and Silver Prices Surge to Record Highs in Indian Markets**
**New Delhi, October 7, 2025** – Gold and silver prices soared in Indian markets today, reaching unprecedented levels as trading commenced for the second day of the business week.
The price of gold surpassed ₹1,19,000 per 10 grams, while silver exceeded ₹1,49,000 per kilogram, according to the India Bullion and Jewellers Association (IBJA).
The IBJA reported that the rate for 22-carat gold (916 purity) jumped from ₹109,232 per 10 grams on Monday evening to ₹109,890 this morning. Prices increased proportionally based on purity, with corresponding gains seen in silver.
**Monday’s Performance:**
The bullish trend began on Monday, October 6, with both gold and silver prices experiencing upward movement. According to IBJA rates for Monday:
* **Gold (999 purity):** Morning Rate: ₹1,19,059 per 10 grams; Evening Rate: ₹1,19,249 per 10 grams
* **Silver (999 purity):** Morning Rate: ₹1,48,550 per kg; Evening Rate: ₹1,48,833 per kg
**Important Note:**
The rates released by the IBJA are considered standard across India. However, these prices do not include the Goods and Services Tax (GST), which will be added at the time of jewelry purchase. Prices are not released during weekends and public holidays.
First Piper 