Today, on May 19, the prices of gold and silver have increased. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has increased by ₹1,168 to ₹1.59 lakh. At the same time, the price of 1 kg silver has increased by ₹ 2,181 to ₹ 2.70 lakh. Earlier, it was priced at ₹2.68 lakh.
Gold prices according to carat
Carat Price (Rs/10 grams) 24 ₹1,58,907 22 ₹1,45,559 18 ₹1,19,180 14 ₹92,961
Gold prices increased by ₹26,000 and silver prices by ₹40,000 this year
This year, gold and silver prices have seen continuous fluctuations. So far in 2026, gold price has increased by ₹26,000 and silver price by ₹40,000. The price of 10 grams of gold on December 31, 2025 was ₹ 1.33 lakh, which has now increased to ₹ 1.59 lakh. Similarly, the price of silver was ₹2.30 lakh per kg, which has now increased to ₹2.70 lakh. During this period – especially on January 29 – gold also touched an all-time high of ₹1.76 lakh, while silver hit a record high of ₹3.86 lakh.
Gold and silver price trends so far this year
City 10 grams 24 carat Delhi ₹1,57,190 Mumbai ₹1,57,040 Kolkata ₹1,57,040 Jaipur ₹1,57,190 Bhopal ₹1,57,090 Patna ₹1,57,090 Lucknow ₹1,57,190 Raipur ₹1,57,040 Ahmedabad ₹1,57,090
Government increased import duty on gold and silver from 6% to 15%*
The central government has increased the duty on import of gold and silver from 6% to 15%. The government has imposed 10% basic custom duty and 5% Agriculture Infrastructure and Development Cess (AIDC) on gold.
Keep these 2 things in mind while buying gold from jewelers
1. **Buy only certified gold:** Always buy certified gold, which is hallmarked by the Bureau of Indian Standards (BIS). This number is alphanumeric – meaning it can appear in a format like AZ4524. Hallmarking serves to indicate the purity (carat) of gold.
2. Double-check the price: Double-check the correct weight and price of gold from multiple sources (such as the Indian Bullion and Jewelers Association website) on the day of purchase.
