Kerala: Gold Hits Record Rs 1,22,520 Per Sovereign, Silver Soars To Lifetime High
Gold price has reached another record, breaking all previous statistics, hitting Rs 1,22,520 per sovereign in Kerala. Silver has also surged to record price along with the precious metal.
With the rise in price India’s gold imports rose 1.6% from a year earlier to $58.9 billion in 2025, while silver imports jumped 44% to $9.2 billion, as prices of both metals hit record highs, Economic Times reported.
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India is the world’s second-largest consumer of gold and the biggest market for silver, and the country meets almost all of its gold demand through imports and relies on overseas supplies for more than 80% of its silver needs.
India has spent nearly a tenth of its total foreign exchange reserves on gold and silver last year, and the import bill is expected to rise further in 2026 as prices of both metals continue to surge.
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