Gold prices continue their steep upward climb, with 22-carat ornamental gold touching ₹98,000 per sovereign today – an unprecedented rise of ₹1,600 in a single day. The price per gram has also jumped by ₹200, now selling at ₹12,250.
Sharp Rise Over the Past 3 Days
Dec 10:
– Gold rose by ₹30 per gram (₹12,030).
– Sovereign increased by ₹240 (₹96,240).
– Silver climbed by ₹8 per gram (₹207).
Dec 11:
– Sovereign gold rose by ₹160 (₹96,400).
– Price per gram increased by ₹20 (₹12,050).
– Silver moved up by ₹2 per gram (₹209).
Dec 12 (Today):
– Massive jump of ₹1,600 per sovereign (₹98,000).
– Silver touched a new high at ₹215 per gram, up by ₹6.
Reason Behind the Spike
Jewellers attribute the continuous surge to fluctuating international market conditions, which have been pushing domestic prices to record levels.
With today’s increase, the gold price per sovereign is now just a step away from the ₹1 lakh milestone, leaving both buyers and jewellers stunned.
