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Business
Gold, Silver Prices Cross ₹1.45 lakh & ₹1.93 lakh per kg in Jaipur Before Dhanteras
✍️ Amar Ujala · Rajasthan
🗓 05 Nov 2026, 07:00 AM
👁 23
Gold touched ₹1.45 lakh per kg and silver ₹1.93 lakh per kg in Jaipur ahead of Dhanteras, prompting mixed reactions among traders.
Gold prices in Jaipur surged past the ₹1.45 lakh per kilogram mark, while silver crossed ₹1.93 lakh per kilogram, as the city approached the Dhanteras shopping season. The upward swing follows a period of volatility that has kept both investors and consumers on edge.
The sharp rise has created uncertainty among potential buyers, many of whom were planning to purchase jewellery for the festival. Some shoppers are delaying purchases in hopes of a price correction, while others fear further hikes and are rushing to lock in the current rates.
Local dealers expressed divergent views on the market’s direction. A segment of traders believes the recent rally reflects strong festive demand and expects prices to hold, whereas others warn that the volatility could deter sales and advise caution to customers.
The sharp rise has created uncertainty among potential buyers, many of whom were planning to purchase jewellery for the festival. Some shoppers are delaying purchases in hopes of a price correction, while others fear further hikes and are rushing to lock in the current rates.
Local dealers expressed divergent views on the market’s direction. A segment of traders believes the recent rally reflects strong festive demand and expects prices to hold, whereas others warn that the volatility could deter sales and advise caution to customers.