Gold Silver Price in Rajasthan Today: Silver Near ₹2.80 Lakh, Gold Hits Record High
Gold and silver prices in Rajasthan surged on March 2, 2026, with silver nearing ₹2.80 lakh per kg and gold crossing ₹1.62 lakh. Check city-wise rates, reasons behind the rise, and market outlook.
Gold and Silver Prices in Rajasthan Surge Again, Silver Nears ₹2.80 Lakh in Major Cities
Gold and silver prices in Rajasthan continue their upward march, creating excitement among investors and concern among everyday buyers. On March 2, 2026, bullion rates recorded another sharp rise, with silver nearing ₹2.80 lakh per kilogram in several key markets and gold touching fresh highs.
According to reports published by News18, the strong trend in precious metals has now continued for the second consecutive day.
Latest Gold and Silver Rates in Rajasthan (March 2, 2026)
On Monday, the bullion market in Rajasthan witnessed notable gains:
- 24-carat gold: ₹1,62,200 per 10 grams
- 23-carat gold: ₹1,55,790 per 10 grams
- 22-carat gold: ₹1,49,385 per 10 grams
- Pure silver: ₹2,73,700 per kg
All prices are subject to an additional 3% GST, increasing the final cost for buyers.
City-Wise Gold and Silver Prices
Prices remained elevated across major cities in the state:
- Jaipur
Silver: ₹2,80,000/kg | Gold (24K): ₹1,65,000/10g - Jodhpur
Silver: ₹2,80,500/kg | Gold (24K): ₹1,64,500/10g - Udaipur
Silver: ₹2,79,500/kg | Gold (24K): ₹1,64,800/10g - Kota
Silver: ₹2,78,800/kg | Gold (24K): ₹1,65,000/10g
These figures indicate strong demand and limited signs of price correction in local markets.
Why Are Gold and Silver Prices Rising?
- Strength in international bullion markets
- Fluctuations in crude oil prices
- Movement in the US dollar and the rupee exchange rate
- Increased demand due to the wedding season
- Growing interest in gold and silver as safe-haven investments
Together, these elements are pushing prices higher and keeping market sentiment bullish.
Impact on Investors and Consumers
While investors are benefiting from rising prices, retail buyers are feeling the pressure. Higher rates are increasing the cost of jewellery and silverware, making purchases more expensive during the festive and wedding season.
Jewellers report cautious buying behaviour, with many customers delaying purchases in hopes of future corrections.
No Immediate Relief Expected
Bullion traders believe that the current trend is unlikely to soften in the short term. As long as global market conditions remain supportive, gold and silver prices in Rajasthan may continue to fluctuate at elevated levels.
Experts advise buyers to monitor daily updates and consider long-term investment strategies instead of making rushed purchases.
Market Outlook
The steady rise in gold and silver prices on March 2 clearly signals continued strength in Rajasthan’s bullion market. If international cues remain positive, further volatility is expected in the coming days. Buyers may need to wait longer for meaningful price relief.
Ellofacts