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Current Gold and Silver Prices Surge in India

Gold prices in India have surged past ₹1.59 lakh, while silver prices are also on the rise. This increase is linked to recent market recoveries and global influences. In Jaipur, the latest rates for 24-carat gold are approximately ₹1,64,880 per 10 grams, and silver is priced at ₹284.90 per gram. The fluctuations in prices are driven by heightened investor activity ahead of Holi and international market trends. Read on for detailed insights into the current gold and silver market.
By Narendra Chaudhary Feb 28, 2026, 11:25 IST

Gold Prices Exceed ₹1.59 Lakh Again


As of February 28, 2026, the price of gold has once again surpassed ₹1,59,000, with silver also experiencing a price increase. The recent surge in gold and silver prices in India is attributed to a recovery over the past few days and the influence of global market trends. (Note: Prices may vary slightly based on the city and source, with minor differences observed in locations such as Delhi, Mumbai, and Jaipur. Updated rates for Jaipur are provided below.)

Today's Key Gold Rates (per 10 grams):


  • 24 Carat Gold — Ranges from ₹1,64,730 to ₹1,64,880 (some sources report around ₹1,64,700, while others indicate a range of ₹1,59,000-₹1,61,000, but recent trends show stability above ₹1.59 lakh).


  • 22 Carat Gold — Ranges from ₹1,51,000 to ₹1,51,150 (with an upward trend).



Silver Prices:


  • Per Kilogram — Ranges from ₹2,84,900 to ₹2,95,000 (some areas show a decline, but overall prices remain high).



Latest Rates in Jaipur (from Goodreturns and other sources):

The current rates in Jaipur are as follows:



  • 24 Carat: ₹16,488 per gram (approximately ₹1,64,880 per 10 grams).


  • 22 Carat: ₹15,115 per gram (approximately ₹1,51,150 per 10 grams).


  • Silver: ₹284.90 per gram (or ₹2,84,900 per kilogram).



Market Influences

These prices are based on MCX, IBJA, and local bullion markets, where the price of 24-carat gold has increased by ₹22,900 per 100 grams over the last five days. The rise in prices is influenced by increased buying activity among investors ahead of Holi and fluctuations in international markets.