Gold, Silver Prices Soar in Rajasthan: Silver Crosses ₹2.38 Lakh, Gold Also Rises

• Gold and silver prices in Rajasthan saw a significant increase on Saturday, causing concern for consumers and traders.
• Pure silver surged by approximately ₹7000, reaching ₹2,38,500 per kilogram, while gold prices rose by up to ₹2000.
• 24-carat gold was priced at ₹1,37,200 per 10 grams, with 23-carat jewelry gold at ₹1,31,700 per 10 grams, plus 3% GST.
• Prices varied across major cities: Jaipur saw pure silver at ₹2,39,000 and 24-carat gold at ₹1,38,000.
• Bullion trader Kailash Soni noted market instability due to price fluctuations, leading to increased demand for lightweight jewelry.

Why It Matters: Gold and silver prices in Rajasthan surged significantly, leading to market instability and a shift to lightweight jewelry.