Stories
Shocking Surge in Gold Prices Right Before Durga Puja
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News18•10-10-2026, 11:49
Shocking Surge in Gold Prices Right Before Durga Puja
- •Gold prices witnessed a significant jump on the day of Mahalaya, posing an extra burden on festive budgets for buyers.
- •According to the Swarna Shilpa Bachao Committee, the prices of 22-carat and 18-carat gold have risen alongside silver prices.
- •Market experts state that future gold prices depend on global geopolitical instability, interest rate speculations, and central bank purchases.
Key Questions Answered
On Saturday, October 10, 2026, the price of 22-carat gold reached 14,185 rupees, 18-carat gold became 11,650 rupees, and 1 kg of silver was priced at 2,24,616 rupees according to the Swarna Shilpa Bachao Committee (SSBC) before an additional 3% GST.
It is not possible to state with certainty whether 10 grams of gold will reach 2 lakh rupees during the Puja, as future trajectories depend on factors like international geopolitical instability and central bank buying trends.
Gold and silver price trends are heavily influenced by international geopolitical instability, interest rate speculations, central bank purchasing tendencies, and overall demand for safe investments.
