Gold prices surge Rs 10,000 in a day, silver hits Rs 4.25 lakh

Gold and silver prices have witnessed a sharp and unprecedented surge, leaving buyers shocked and concerned across the country including in Odisha. 

The steep rise in rates has made purchasing precious metals increasingly difficult, with prices jumping dramatically within a short span.

Rs 10,000 Hike In One Day

According to market data, gold prices surged by nearly Rs 10,000 in a single day. The price of 22-carat gold rose by over Rs 10,000, while 24-carat gold is now trading above Rs 1.78 lakh. 

The upward trend has been consistent, as prices have continued to climb rapidly over the past few days.

In the last 10 days alone, 22-carat gold prices have increased by more than Rs 26,000, while 24-carat gold has registered a rise of nearly Rs 30,000. 

The steep escalation has made gold purchases significantly costlier for consumers.

Silver Touches Rs 4.25 L

Silver prices have also recorded a massive jump, showing no signs of easing. The price of silver has crossed Rs 4.25 lakh per kilogram. In a single day, silver prices surged by Rs 25,000, adding to the burden on buyers.