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Business
Gold and Silver Prices Surge Past ₹1.45 Lakh and ₹1.93 Lakh per Kg Ahead of Dhanteras in Jaipur
✍️ Amar Ujala · Jaipur
🗓 05 Nov 2026, 07:36 AM
👁 2
In Jaipur, gold and silver prices climbed above ₹1.45 lakh and ₹1.93 lakh per kilogram respectively ahead of Dhanteras, creating uncertainty among shoppers.
Gold and silver are traditionally bought in bulk during Dhanteras, the eve of Diwali, making price movements closely watched by consumers and traders alike.
In Jaipur, the price of gold rose to just over ₹1.45 lakh per kilogram, while silver crossed the ₹1.93 lakh mark. The sudden jump followed a period of volatility, with prices fluctuating sharply in the days leading up to the festival.
The spike has left many potential buyers uncertain. Some merchants warn that the high rates may deter purchases, while others believe the market will settle before the festival day.
Analysts suggest that global gold and silver supply constraints, coupled with domestic demand, are driving the current surge. Traders expect a possible correction as the festival approaches, but the exact timing remains unclear.
In Jaipur, the price of gold rose to just over ₹1.45 lakh per kilogram, while silver crossed the ₹1.93 lakh mark. The sudden jump followed a period of volatility, with prices fluctuating sharply in the days leading up to the festival.
The spike has left many potential buyers uncertain. Some merchants warn that the high rates may deter purchases, while others believe the market will settle before the festival day.
Analysts suggest that global gold and silver supply constraints, coupled with domestic demand, are driving the current surge. Traders expect a possible correction as the festival approaches, but the exact timing remains unclear.