New Delhi : Gold and silver prices recorded an uptick on March 17, according to the India Bullion and Jewellers Association. The price of 24-carat gold increased by ₹300 to reach ₹1.56 lakh per 10 grams, while silver rose by ₹5,000 to ₹2.54 lakh per kilogram.
Market experts noted that both metals had previously touched record highs on January 29, with gold reaching ₹1.76 lakh and silver climbing to ₹3.86 lakh. Since then, prices have seen a significant correction, which has encouraged renewed buying in the market.
On a yearly basis, precious metals have shown strong gains. Gold has risen by ₹23,000 so far in 2026, climbing from ₹1.33 lakh per 10 grams at the end of last year to the current level of ₹1.56 lakh. Similarly, silver has become costlier by ₹24,000 during the same period.
Recent price trends indicate fluctuations over the past few months. On December 31, 2025, gold stood at ₹1,33,195 and silver at ₹2,30,420. Prices surged sharply by January 20, 2026, with gold at ₹1,47,409 and silver at ₹3,09,345. By February 10, gold rose further to ₹1,56,255 while silver corrected to ₹2,59,100. On February 28, gold peaked at ₹1,59,097 and silver at ₹2,66,700, before easing slightly to current levels of ₹1,56,042 for gold and ₹2,54,028 for silver.