Fluctuations in Rajasthan's Jewelry Market: Silver Prices Surge While Gold Drops
Market Fluctuations in Rajasthan's Jewelry Sector
On Wednesday, Rajasthan's jewelry market experienced notable fluctuations. The price of silver surged by ₹1,000 per kilogram, while gold saw a decline of ₹1,000 per 10 grams. This sudden shift has caught the attention of both investors and jewelry buyers, prompting many to adopt a more cautious approach to purchasing.
Experts attribute this volatility to several factors, including the strengthening of the dollar in global markets, an imbalance in supply and demand, and geopolitical tensions on an international scale. Both gold and silver have reached record highs in 2025, but profit booking towards the year's end has created downward pressure.
Current Prices (Estimated in Jaipur/Rajasthan):
- 24 Carat Gold: ₹1,36,340 per 10 grams (down ₹1,000 from yesterday)
- 22 Carat Gold: approximately ₹1,24,900 per 10 grams
- Silver: ₹2,40,000 to ₹2,41,000 per kilogram (up ₹1,000)
Note: Additional charges such as GST, making charges, and other fees may apply in local markets. For accurate pricing, it is advisable to consult local jewelers.
Investors are recommending that while gold and silver remain safe long-term options, caution is warranted in the short term. The market's direction in the new year will largely depend on global indicators.
