Tue Dec 23 04:00:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
Headline: Gold and Silver Prices Soar to Record Highs in India
New Delhi: Gold and silver prices in India have reached unprecedented levels, according to the India Bullion and Jewellers Association (IBJA). Gold prices surged by ₹2191 to reach ₹1,33,970 per 10 grams, while silver prices jumped by ₹7660 to ₹2,07,727 per kilogram.
The precious metals have seen a significant increase in value this year, with gold rising by ₹57,808 and silver by ₹1,21,710 since January.
It’s important to note that prices may vary across cities as the IBJA rates do not include the 3% GST, making charges, and jewellers’ margins. These rates are crucial as the Reserve Bank of India (RBI) uses them to determine the rates for Sovereign Gold Bonds and bank gold loans.
Experts predict the upward trend will continue. Ajay Kedia, Director of Kedia Advisory, anticipates strong demand for silver, potentially driving its price to ₹2,50,000 per kilogram by next year. Similarly, gold demand is expected to remain robust, with prices projected to exceed ₹1,50,000 per 10 grams in the coming year. Investors and consumers are closely watching these market trends as the prices continue to climb.
First Piper 