Silver prices have seen a slight increase today on 8 May. According to the India Bullion and Jewellers Association (IBJA), one kilogram of silver has fallen by ₹402 to reach ₹2,55,200. Earlier on Thursday, its price was ₹2,54,798 per kilogram. Meanwhile, 10 grams of 24-carat gold has decreased by ₹9 to reach ₹1,51,140 . Earlier on May 7, its price was ₹1,51,149 per 10 grams. 4 reasons why gold prices differ in different cities Gold became ₹18,000 and silver ₹25,000 more expensive this year This year, the prices of gold and silver have been continuously fluctuating. In 2026 so far, gold has become expensive by ₹17,941 and silver by ₹24,780. On December 31, 2025, 10g gold was at ₹1.33 lakh, which has now reached ₹1.51 lakh. Meanwhile, silver was at ₹2.30 lakh per kg, which has now reached ₹2.55 lakh. During this period, on January 29, gold made an all-time high of ₹1.76 lakh and silver reached ₹3.86 lakh . Keep these 2 things in mind when buying gold from jewellers 1. Buy Only Certified Gold: Always buy certified gold with the Bureau of Indian Standards (BIS) hallmark. This number is alphanumeric and can be something like – AZ4524. Hallmarking indicates how many carats the gold is. 2. Cross Check the Price: Cross check the correct weight of gold and its price on the day of purchase from multiple sources (such as the India Bullion and Jewellers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. 4 Ways to Identify Real Silver
Emphasize accuracy and depth.