# Gold Jumps Over ₹6,400 in a Single Week as Silver Storms Past ₹2.33 Lakh on a Weaker Dollar > Gold climbed ₹6,471 and silver surged ₹17,317 this week, pushing silver to an all-time high of ₹2,33,858 per kilogram. A sliding dollar index and softer crude oil prices are being cited as the main drivers of the rally. **Type:** article · **Category:** Market · **Published:** 2026-07-04 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/dolara-ki-kamajori-ne-chamakaya-bajara-eka-saptaha-men-sona-6-400-se-jyada-uchhala-aura-chandi-bani-2-33-lakha-ke-para-4609 · **Language:** English **Tags:** gold price, silver price, gold silver rate, dollar index, IBJA rate, bullion market, 24 carat gold, silver all-time high It was a rewarding week for the bullion market. Pressure on the dollar index and rising hopes of cooling global inflation lifted both gold and silver to fresh peaks. Backed by strong buying, gold turned costlier by nearly ₹6,500 this week while silver gained more than ₹17,000. The strength was not limited to the domestic market, as both precious metals rose in the global market too. Internationally, gold is trading near $4,170 per ounce and silver around $62 per ounce. ## Gold Leaps ₹6,471 in a Week Fresh figures from the India Bullion Jewellers Association (IBJA) show that 24 carat gold jumped ₹6,471 this week to reach ₹1,46,344 per 10 grams, up from ₹1,39,873 earlier. The price of 22 carat gold also rose to ₹1,34,051 per 10 grams from ₹1,28,124, while 18 carat gold is now selling at ₹1,09,758 per 10 grams against last week's ₹1,04,905. ## Weekly High Touched on July 3 Evening Looking at the week's swings, gold recorded its lowest level of ₹1,39,434 on the morning of July 1. From there it kept climbing and touched its highest level of ₹1,46,344 on the evening of July 3. ## Silver Prints an All-Time High Silver mirrored gold with a sharp rally of its own this week. Its price surged ₹17,317 to hit an all-time high of ₹2,33,858 per kilogram, up from ₹2,16,541 earlier. Silver's lowest level of the week was ₹2,21,355 on July 1, and it built its peak of ₹2,33,858 during the evening session of July 3. ## Two Big Reasons Behind the Rally According to market experts, this recent surge rests on two main global factors. The first is the softness in crude oil prices in the international market, which has raised hopes of easing inflation worldwide. The second is the steady decline in the dollar index over the last two trading sessions, which has lent firm support to precious metals. ## What Lies Ahead Experts believe that as long as the dollar index stays under pressure and stability does not return on the geopolitical or macroeconomic front, this uptrend in gold and silver could continue. In the coming days, if the dollar weakens further, prices of gold and silver in the domestic market may hold on to their strength. ## What this means for you - **For buyers:** With gold at a record ₹1,46,344 and silver at ₹2,33,858, any wedding or festival purchase will now cost significantly more than before. - **For investors:** If the dollar index keeps falling, prices could rise further, boosting gains on existing holdings, but fresh buying at these highs carries added risk. ## Questions & Answers ### 1. How much did 24 carat gold rise this week? 24 carat gold jumped ₹6,471 to reach ₹1,46,344 per 10 grams, up from ₹1,39,873 earlier. ### 2. What was silver's all-time high this week? Silver climbed ₹17,317 to hit an all-time high of ₹2,33,858 per kilogram. ### 3. When did gold touch its highest level? Gold touched its highest level of ₹1,46,344 on the evening of July 3, while its lowest was ₹1,39,434 on the morning of July 1. ### 4. What are the main reasons behind this rally? Softening crude oil prices and the steady fall in the dollar index over the last two sessions are the two global factors driving the rally. ### 5. What are the latest rates for 22 and 18 carat gold? 22 carat gold is selling at ₹1,34,051 and 18 carat gold at ₹1,09,758 per 10 grams. ### 6. At what levels are gold and silver trading internationally? In the international market, gold is trading near $4,170 per ounce and silver around $62 per ounce. ### 7. Could prices climb further from here? Experts say the uptrend in gold and silver may continue as long as the dollar index stays under pressure and stability does not return. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._