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Gold and Silver Prices Rise in India Amid Strong Wedding-Season Demand

Source money control

21 November 2025, New Delhi:

Gold and silver prices in India witnessed an upward trend today as jewellery demand surged during the ongoing wedding season. Bullion markets across major cities reported heightened buying activity, pushing prices higher for the second consecutive day.

According to market traders, 22-carat gold is now averaging ₹57,800 per 10 grams, while 24-carat gold stands near ₹63,050 per 10 grams, marking a slight rise from yesterday’s levels. The increase is largely attributed to heavy retail demand and stable global cues.

Silver also saw a noticeable jump, with prices reaching ₹79,200 per kilogram, supported by both festive purchases and industrial consumption. Analysts note that silver’s dual demand—jewellery and manufacturing—often amplifies price movements during high-buying periods.

 

Jewellers across Delhi, Mumbai, Chennai, and Kolkata reported a consistent rise in footfall as families proceed with wedding purchases. Many retailers have also introduced seasonal offers, further boosting sales momentum.

On the global front, gold remained steady above $2,380 per ounce, while silver hovered around $29 per ounce. A softer dollar and expectations of policy stability from major central banks have contributed to holding metal prices firm, indirectly supporting the domestic market.

Experts believe bullion rates may remain elevated in the short term as the wedding season peaks and investors seek safe-haven assets amid global economic uncertainties. However, market participants advise buyers to watch for fluctuations driven by international trends and currency movements.

With festivities and marriages set to continue in the coming weeks, the upward momentum in precious metals is expected to sustain, keeping gold and silver in strong demand across the country.

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