New Delhi, February 11: Gold prices witnessed a significant surge on Wednesday, with the cost of 24-carat gold surpassing ₹1.57 lakh per 10 grams once again. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold rose by ₹1,067 to reach ₹1,57,322 per 10 grams, up from ₹1,56,255 previously.
The price of 22-carat gold increased from ₹1,43,130 to ₹1,44,107 per 10 grams, while 18-carat gold rose from ₹1,17,191 to ₹1,17,992 per 10 grams.
In addition, silver prices also saw an increase, climbing by ₹7,349 to reach ₹2,66,449 per kilogram, up from ₹2,59,100 on Tuesday.
Both gold and silver prices experienced upward trends in the multi-commodity exchange (MCX) market. The price of gold for the April 2, 2026 contract rose by 0.94% to ₹1,58,284, while the price for silver for the March 5, 2026 contract increased by 3.91% to ₹2,62,435.
International markets also reflected a rise in gold and silver prices. As of the time of writing, gold was priced at $5,086 per ounce, marking a 1.10% increase, while silver rose by 4.35% to $83 per ounce on COMEX.
Jatin Trivedi from LKP Securities noted that gold on MCX saw an increase of ₹1,700, indicating that investors have positioned themselves ahead of the U.S. unemployment and non-farm payroll data. He further stated that support for gold is around ₹1,55,000, while resistance levels range between ₹1,60,000 and ₹1,62,000.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
