Thu Oct 09 04:00:00 UTC 2025: Okay, here’s a news article based on the provided text, followed by a summary:
**Summary:**
Driven by global market instability, investor confidence, and upcoming Diwali festivities, gold and silver prices have surged to record highs in India. In Jaipur’s bullion market, silver reached ₹1,59,900 per kg and gold reached ₹1,26,700 per 10 grams. Experts predict further price increases, advising against selling now. Investors are increasingly turning to precious metals due to volatility in global stock markets and uncertainty around the US dollar. Strong demand during the festive season is also contributing to the surge.
**News Article:**
**Gold and Silver Prices Skyrocket to Record Highs Ahead of Diwali**
**Jaipur, [Date – Today’s Date]** – As the Diwali festival approaches, gold and silver prices are experiencing a dramatic surge, reaching unprecedented highs in the Indian market. Fluctuations in the international market combined with strong investor confidence, have propelled the precious metals to record levels, especially in Jaipur’s bullion market.
On Thursday, silver prices in Jaipur soared to an all-time high of ₹1,59,900 per kilogram. Gold also reached a record level, with 10 grams of standard gold now priced at ₹1,26,700.
According to bullion trader Sushil Jain, silver prices have jumped by ₹10,800 per kilogram in the last six days, while gold has increased by ₹6,800 per 10 grams. He anticipates that both metals will continue to climb in the coming days, potentially reaching even greater heights. Jain cautioned those considering selling their holdings for profit, stating they may miss out on further gains as prices are expected to continue their upward trajectory.
“Investors are increasingly shifting their focus to gold and silver due to volatility in global stock markets,” Jain explained. “The upcoming Diwali and Dhanteras festivals are also driving up demand, further fueling the price surge.”
Jain added that international investors in the US and Europe are turning to precious metals as a hedge against the instability of the US dollar, which is having a knock-on effect on the Indian market.
If the current trend continues, experts predict that gold could reach ₹1,30,000 per 10 grams and silver could surpass ₹1,60,000 per kilogram by Diwali.
According to the Jaipur Sarafa Committee, the current prices in Jaipur are:
* 24 Carat Gold (10 grams): ₹1,26,700
* 22 Carat Gold (10 grams): ₹1,18,100
* 18 Carat Gold (10 grams): ₹98,800
* 14 Carat Gold (10 grams): ₹78,600
* Silver Refine (per kg): ₹1,59,900
The surge in gold and silver prices has become a major topic of discussion ahead of the festive season.
First Piper 