Gold-Silver prices hit record highs on September 12: Check latest rates

September 12, 2025

New Delhi: The price of gold and silver is at an all-time high today i.e. on 12th September. According to the India Bullion and Jewelers Association (IBJA), today silver has increased by Rs 2,849 to Rs 1,27,348 per kg. Yesterday the price of one kg silver was Rs 1,24,499.

The price of gold has increased by Rs 744 to Rs 1,09,841. Yesterday its price was Rs 1,09,097 per 10 grams. Gold had made an all-time high of Rs 1,09,635 on September 9 and silver had made an all-time high of Rs 1,24,770.

This year gold became costlier by Rs 33,000 and silver by Rs 41,000

•So far this year, the price of gold has increased by Rs 33,679 (40%). On December 31, 2024, 10 grams of 24 carat gold was Rs 76,162, which has now become Rs 1,09,841.

•The price of silver has also increased by Rs 41,331 during this period. On December 31, 2024, the price of one kg of silver was Rs 86,017, which has now become Rs 1,27,348 per kg.

Price of 10 grams of gold in 4 metro cities

Delhi : Price of 24 carat gold is ₹ 1,11,430 and price of 22 carat gold is ₹ 1,02,150

Mumbai : Price of 24 carat gold is ₹ 1,11,280 and price of 22 carat gold is ₹ 1,02,000

Kolkata : Price of 24 carat gold is ₹ 1,11,280 and price of 22 carat gold is ₹ 1,02,000

Chennai : Price of 24 carat gold is ₹ 1,11,710 and price of 22 carat gold is ₹ 1,02,400

5 reasons for the rise in gold prices

•Global uncertainty: Due to Trump’s tariff plan and fear of trade war, investors are buying gold as a safe asset.

•Central bank purchases: Countries like China and Russia are buying large amounts of gold, boosting demand.

•War and tension: The instability caused by the Russia-Ukraine war not ending is driving people to invest in gold.

•Inflation and low interest rates: Fear of inflation and low interest rates from the Federal Reserve have made gold attractive.

•Fall in rupee against dollar: Gold is also becoming expensive due to the fall in rupee against dollar.

Keep these 2 things in mind while buying gold

1. Buy only certified gold: Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). Under the new rule, from April 1, gold will not be sold without six-digit alphanumeric hallmarking. Just like there is a 12-digit code on the Aadhaar card, similarly there will be a 6-digit hallmark code on gold. This is called Hallmark Unique Identification Number i.e. HUID.

This number can be alphanumeric i.e. something like this- AZ4524. Through hallmarking it has become possible to find out how many carats a particular gold has.

2. Cross check the price: Cross check the exact weight of the gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.

24 carat gold is considered the purest gold, but jewellery is not made from it because it is very soft. Usually 22 carat or less carat gold is used for jewellery.