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Gold-Silver Rally: Gold rose by ₹ 3 thousand and became costlier by ₹ 18 thousand in a year, know the latest rates

by Rajiv Mishra
May 6, 2026
in Business
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Gold-Silver Rally: Gold rose by ₹ 3 thousand and became costlier by ₹ 18 thousand in a year, know the latest rates
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Today, on May 6, 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 Rs 3,000 to Rs 1.51 lakh. Earlier, it was Rs 1.48 lakh. At the same time, the price of one kilogram of silver has increased by Rs 6,000 to Rs 2.46 lakh. Earlier, the price of silver was Rs 2.40 lakh. On January 29, gold had hit its all-time high of Rs 1.76 lakh, while silver had hit its all-time high of Rs 3.86 lakh.

This year the prices of gold and silver have increased by Rs 18,000 and Rs 16,000 respectively.

So far in 2026, gold has become costlier by Rs 18,000. The price of 10 grams of gold on December 31, 2025 was Rs 1.33 lakh; Now it has increased to Rs 1.51 lakh.

This year, silver has become costlier by Rs 16,000. The price of silver on December 31, 2025 was Rs 2.30 lakh per kg; Now it has increased to Rs 2.46 lakh.

Keep these 2 things in mind while buying gold from jewelers

1. **Buy only certified gold:** Always buy certified gold with the hallmark of Bureau of Indian Standards (BIS). This hallmark number is alphanumeric – which means it can appear in a format like AZ4524. Hallmarking serves to indicate the purity (carat) of gold.

2. **Cross-check the price:** On the day of purchase, cross-check the exact weight of the gold and its current price from multiple sources (like the website of India Bullion and Jewelers Association). Gold prices vary depending on karat purity – especially for 24-karat, 22-karat, and 18-karat gold. **4 ways to identify real silver**

* **Magnet Test:** Real silver does not stick to magnets. If it sticks to a magnet, it is a fake.

* **Ice Test:** Place a piece of ice on a silver surface. Ice melts very quickly on real silver. Smell Test: Pure silver has no smell. Fake silver smells like copper.

Cloth Test: Rub the silver on a white cloth. If there is a black stain on it, then it is genuine.

The market capitalization of South Korean tech giant Samsung Electronics has crossed $1 trillion – which is approximately ₹95.08 lakh crore. Shares of the world’s largest memory chip maker have risen by nearly 400% in the last one year, mainly due to the increasing demand for Artificial Intelligence (AI) chips. Samsung shares jumped 15% during trading on Wednesday. With this achievement, Samsung becomes the second company in Asia to achieve this milestone after Taiwan’s TSMC.

Tags: Gold-Silver Rally: Gold rose by ₹3 thousand and became costlier by ₹18 thousand in a yearKnow the latest rates

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