Commodity prices surge on US-Iran peace deal confirmation:Silver rallies over ₹8,400/kg; gold rushes to ₹1.50 lakh/10gm

Gold and silver prices surged on June 15. According to the India Bullion and Jewellers Association (IBJA), one kilogram of silver increased by ₹8,429 to reach ₹2.51 lakh. Earlier, its price was ₹2.43 lakh per kilogram. Meanwhile, 10 grams of 24-carat gold rose by ₹2,369 to reach ₹1.50 lakh. This surge in gold and silver came as peace talks between America and Iran resumed. This led to a fall in crude oil prices, reduced inflation fears, and weakened the dollar, causing investors to return to gold and silver. Gold ₹17,000 and silver ₹21,000 costlier this year This year, the prices of gold and silver have been continuously fluctuating. In 2026 so far, gold has become expensive by ₹17,000 and silver by ₹21,000. On December 31, 2025, 10g gold was at ₹1.33 lakh, which has now reached ₹1.50 lakh. Similarly, silver was at ₹2.30 lakh per kg on December 31, 2025, which has now reached ₹2.51 lakh. Keep these 2 things in mind when buying gold from jewellers 4 Ways to Identify Real Silver