Gold and Silver Prices Stage Strong Comeback, Gaining Significantly in a Single Session
In a dramatic reversal of fortunes, gold and silver prices rebounded powerfully on Thursday, marking a significant recovery after three consecutive days of decline. The sharp uptick has reignited investor interest in the bullion market, with analysts pointing to sustained macro-economic triggers.
According to the latest data from the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold surged by ₹954 in a single day. It now sits at ₹1,34,415 per 10 grams, reclaiming ground after a recent slide. Meanwhile, silver staged an even more impressive rally, skyrocketing by ₹5,656 per kilogram to reach ₹2,34,906.
This rebound comes just days after both metals touched historic peaks. On December 29, 2025, gold had reached an all-time high of ₹1,38,161 per 10 grams, while silver scaled ₹2,43,483 per kg.
A Stellar Year: Gold and Silver Performance in 2025
The daily volatility underscores a monumental year for precious metals. Reflecting on 2025, the scale of the rally becomes clear:
Gold became 75% costlier, rising by ₹57,033 from ₹76,162 (Dec 31, 2024) to ₹1,33,195 (Dec 31, 2025).
Silver outperformed, surging by a staggering 167%. Its price increased by ₹1,44,403, from ₹86,017 to ₹2,30,420 per kg in the same period.
What’s Driving the Rally in Gold and Silver Prices?
Experts cite a confluence of global factors sustaining the bullish trend for precious metals.
3 Key Reasons for Gold's Strength:
1. Weak US Dollar: Anticipated interest rate cuts in the US have reduced the opportunity cost of holding non-yielding assets like gold.
2. Geopolitical Tensions: Ongoing global instability continues to fuel safe-haven demand, pushing investors toward gold.
3. Central Bank Purchases: Aggressive buying by institutions like the People's Bank of China, reportedly over 900 tonnes annually, provides a solid price floor.
Why is Silver Outperforming?
The silver price surge is attributed to its dual role as both a precious and industrial metal.
Robust Industrial Demand: Heavy consumption in solar panels, electronics, and electric vehicle manufacturing is straining supply.
Pre-emptive Stockpiling: Manufacturers are advance-buying amid fears of potential trade tariffs and supply chain disruptions.
Expert Outlook and Buying Tips
Ajay Kedia, Director at Kedia Advisory, notes, "The fundamental demand for silver remains exceptionally strong, driven by the green energy transition. We could see it touch ₹2.75 lakh per kg this year. Gold prices may also continue their ascent, potentially crossing the ₹1.50 lakh per 10 grams mark by year-end."
For buyers looking to enter the market, due diligence is key:
Always purchase BIS-hallmarked gold jewellery.
Verify daily IBJA rates and understand that final prices include making charges and GST.
For silver, simple tests like the magnet test (real silver isn’t magnetic) can help verify authenticity.
Conclusion: Today’s sharp recovery in gold and silver prices is a reminder of their resilience amid global economic uncertainty. As we move into 2026, the interplay between central bank policies, industrial demand for silver, and geopolitical currents will continue to dictate the trajectory for these timeless assets, making them a focal point for investors and consumers alike.
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