Business News: Gold-Silver Prices Witness Sharp Increase on Valentine’s Day

Business News Today: On Valentine's Day, gold and silver prices surged significantly, affecting budgets beyond just gifts. According to the latest numbers, 24-karat gold has increased by Rs 341, reaching Rs 86,089 per 10 grams, while silver has increased by Rs 1,945, reaching Rs 97,494 per kilogram. This represents a significant increase from December 31, 2024, when gold was at Rs 75,740 and silver was at Rs 86,017 per kilogram.

Gold-Silver Prices

Notably, silver is currently surpassing gold in terms of price increase. The current rates for purchasing gold of various purity levels are as follows: 23-karat gold is priced at Rs 85,744, 22-karat at Rs 78,858, 18-karat at Rs 64,567, 15-karat at Rs 56,362, and 14-karat at Rs 55,000 per 10 grams. These prices are based on the Indian Bullion and Jewellers Association's (IBGA) rates, which exclude GST.