As there was no movement in the price of 10 grams of 24 karat and 22 karat gold either, the prices remained unchanged at Rs309,671 and Rs283,865 respectively.
Meanwhile, the rate of per tola silver jumped by Rs23, now standing at Rs4,035. Likewise, 10 grams of silver saw a Rs20 increase, climbing to Rs3,459.
Interestingly, the international gold market also showed no change, with prices steady at $3,387 per ounce. In contrast, silver prices on the global front ticked upward by $0.23, reaching $38.88 per ounce.
The unusual divergence between gold and silver prices has left traders and investors intrigued. Why is silver gaining while gold stands still? Experts say it could hint at shifting industrial demand or changing investor sentiment favoring silver’s lower entry point in volatile markets.
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The contrasting movement of gold and silver prices may signal a market shift. While investors continue to treat gold as a safe haven, the consistent rise in silver suggests growing industrial interest and alternative investment behavior. Market watchers are keeping a close eye on whether silver will continue its upward momentum — and whether gold will eventually follow.
