Gold prices surge by over Rs 200,000 in a year

The price of gold in the bullion market has continued its sharp upward trend, rising by more than Rs 200,000 per tola within a year. In 2024, gold was priced at Rs 272,600 per tola, but by 2025 it has climbed to Rs 472,800 per tola, reflecting a historic increase.

On Saturday alone, the price of gold rose by an additional Rs 1,000 per tola. With this increase, the price of pure 24-karat gold has reached Rs 474,000 per tola. Similarly, 22-karat gold is now being traded at Rs 434,500 per tola, while 21-karat gold has climbed to Rs 414,750 per tola.

The continuous rise in gold prices has begun to affect the jewelry market, as higher rates are discouraging consumers from making purchases. Traders report a slowdown in jewelry sales as buyers hesitate amid soaring prices.

Silver prices have also seen an increase. The price of silver has been fixed at Rs 8,800 per 10 grams, adding further pressure on consumers who traditionally invest in precious metals.

Market analysts attribute the rising prices to increased demand and ongoing fluctuations in the global precious metals market.