Gold and silver prices remain near highs as festive demand steadies despite minor dip

In India’s jewellery markets this morning, 24-carat gold is trading at approximately ₹13,057 per gram and silver at about ₹163.90 per gram, down marginally compared with previous day levels. The subdued movement comes amid ongoing strong demand during the Diwali and Balipratipada festival period. Analysts note that while short-term corrections are minimal, valuations remain elevated and supply chain constraints continue to support prices. Jewellery manufacturers are evaluating stocking strategies carefully given holiday buying intensity and inventory costs.