Gold, Silver Prices Soar in Rajasthan: Silver Crosses ₹3.17 Lakh, Gold Hits All-Time High

• Gold and silver prices in Rajasthan saw a sharp increase on Tuesday, with silver crossing ₹3.17 lakh per kilogram.
• Silver prices jumped by ₹7,000 per kilogram, while gold prices rose by up to ₹1,000, according to the Rajasthan Bullion Association.
• Pure silver reached ₹3,17,100 per kilogram, and 24-carat gold was ₹1,58,750 per 10 grams, excluding an additional 3% GST.
• Major cities like Jaipur, Jodhpur, Udaipur, and Kota also reported record high prices for both precious metals.
• Global factors such as dollar movement, interest rates, and geopolitical tensions are driving investors towards gold and silver, impacting local markets and reducing customer footfall.

Why It Matters: Rajasthan's bullion market is experiencing record high gold and silver prices due to global factors and investor demand.