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Gold hits ₹1,18,589/10g, silver leaps to ₹128/g. Global factors & festive demand fuel rise. Experts advise cautious investing via SIP.
Gold and Silver price become expensive ahead of the festive season
New Delhi: Gold and silver prices in India have started rising rapidly once again. According to the latest data released on Sunday, September 7, 2025, both precious metals have touched their next historical level. This increase is part of a positive trend that has continued for the last few weeks, which has been influenced by many domestic and global factors.
Today 24-carat pure gold has reached a new record level of ₹118,589 per 10 grams. A similar rise has been seen in the prices of other carats of gold:
22-carat gold: ₹109,252 per 10 grams
18 carat gold: ₹89,389 per 10 grams
Silver has registered a bigger jump than gold. Today, the price of silver has reached ₹128 per gram (or ₹128,000 per kg). This represents a huge one-day rise of ₹2.10 per gram (or ₹2,100 per kg) compared to yesterday's price of ₹125.90 per gram.
There are several major reasons behind this rally:
1. Effect of festive season: Major festivals like Diwali and Dhanteras are approaching. Buying gold on these occasions is considered auspicious, due to which demand in the market is increasing rapidly and there is upward pressure on prices.
Gold considered the safest option to invest
2. Global factors: Internationally, factors such as the US Federal Reserve's monetary policy (interest rates) and global political tensions are affecting gold prices. Usually, in times of economic uncertainty, investors turn to safe assets like gold.
3. Currency oscillation: The position of the rupee against the US dollar also affects the imported price of gold.
Experts are advising investors to be cautious at the current high levels. They say that it is important to keep monitoring the market before investing. Options like SIP (Systematic Investment Plan) can be considered, where you invest a fixed amount from time to time. This reduces the risk of investing the entire amount at a single high level and gives the benefit of average purchase cost.
In short, gold and silver prices are rising due to festive demand and global uncertainty. In such a situation, investors should be informed and cautious while considering their investment options.
