Gold Rate Today: Tremendous Surge in Gold and Silver Prices, How the Market’s Color Changed

Gold Rate Today: Tremendous Surge in Gold and Silver Prices, How the Market’s Color Changed

May 17, 2025 - 08:47
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Gold Rate Today: Tremendous Surge in Gold and Silver Prices, How the Market’s Color Changed
Gold Rate Today: Tremendous Surge in Gold and Silver Prices, How the Market’s Color Changed

Gold Rate Today: On Friday, May 16, 2025, a significant surge was observed in the prices of gold and silver. Just a day earlier, gold prices had fallen by ₹1,800 and were at ₹94,050 per 10 grams, but today, with a surge of ₹1,400, gold prices have reached ₹96,450 per 10 grams. Similarly, silver also saw a surge of ₹1,000 on Friday, and its price per kilogram has become ₹98,000. What happened in the international market that led to such a rapid increase in the prices of gold and silver?

Gold Purchases Increase in the Bullion Market

According to the information received, the All India Sarafa Association has stated that on Friday, jewelers and stockists engaged in fresh buying. Due to this, a significant surge was observed in the prices of gold and silver. The price of 99.5% pure gold, after including all types of taxes, has become ₹96,450 per 10 grams, while on Thursday, the same gold was being sold at ₹94,600. However, gold and silver prices are never stable. In such a situation, if you want to invest, you will need to exercise a little caution.

Surge in Silver Prices

A surge was also observed in silver prices on Friday. On Thursday, the price of silver was ₹97,000 per kilogram, which, after the increase on Friday, has become ₹98,000 per kilogram. Investors’ interest in silver is also rapidly increasing. Apart from this, industrial demand is also growing rapidly, which has caused the surge in silver prices.

What Will the Gold and Silver Market Be Like in the Future

Talking about the coming times, currently, gold and silver prices are not stable. In the domestic and international markets, their prices are affected due to changes in demand or supply. If you are going to invest in gold or silver under any circumstances, you need to make a decision thoughtfully and not in haste.