The festival of Dhanteras will be celebrated across the country today. Buying gold and silver jewelery and other items on Dhanteras is considered auspicious. Crores of people buy gold and silver on this day but this year the price of gold is skyrocketing on Dhanteras. From Delhi, UP to Mumbai, gold is making new records every day. Before the new prices opened at 12 o’clock on Dhanteras, gold rose by Rs 3200 and reached a record Rs 1 lakh 34 thousand 800 per 10 grams.
According to the Indian Bullion and Jewelers Association, the price of gold is continuously increasing in the Delhi bullion market due to strong festive purchasing by the bullion market and retailers. The price of silver fell by Rs 7 thousand. Gold prices are skyrocketing. In such a situation, people may have to think several times before buying gold this year.
If you want to buy a silver coin or any jewelery on Dhanteras, then there is a good news for you. Silver prices have been declining for the last few days. Its price in Delhi has decreased by Rs 18 thousand per kg in three consecutive days. Earlier, the price of silver had increased by Rs 10 thousand per kilogram in three consecutive days. The price of silver remains the highest in Chennai. People are troubled by the increased prices of gold and silver on Dhanteras.
Read this also– Dhanteras 2025: What can you buy if you don’t have the budget for gold and silver?
At present, the rise in gold is similar to that seen during the economic recession of 2008 and the Corona epidemic of 2020. Whenever there is uncertainty in the world, there is a war or there is an economic crisis, the price of gold increases. This is because gold is considered a safe investment in times of uncertainty. At present, there are many reasons at the global level due to which the prices of gold have started touching the sky. The US Federal Reserve had reduced the interest rate by 0.25 percent in September 2025. Lower interest rates weaken the dollar and increase demand for gold as investors look for safe havens. This step of America is one of the main reasons for the rising prices of gold. Apart from this, geopolitical tension, weakening of the rupee and greater confidence of central banks in buying gold are the reasons for the rising prices of gold.
