Gold Prices Fall by Rs 1,000, Silver Drops Rs 5,900 to 10-Month Low
NEW DELHI: Gold prices declined by Rs 1,000 to Rs 1.48 lakh per 10 grams on Thursday, while silver prices dropped by Rs 5,900 to Rs 2,07,500 per kilogram, hitting their lowest level in 10 months, according to the All India Sarafa Association.
Gold of 99.9 per cent purity had closed at Rs 1.49 lakh per 10 grams on Wednesday. Silver prices, inclusive of all taxes, also witnessed a significant decline from the previous closing level of Rs 2,13,400 per kilogram.
Gold and Silver Prices Decline in International Markets
The decline in domestic precious metal prices came amid a fall in international markets.
Spot gold prices dropped by USD 68.98, or nearly 1.7 per cent, to USD 4,072.30 per ounce. Meanwhile, silver prices fell by nearly 4 per cent to USD 55.72 per ounce.
The latest decline reflects the continued downward movement in precious metal prices in both domestic and international markets.
Silver Hits Lowest Level in 10 Months
According to data released by the All India Sarafa Association, silver was last recorded at a comparable price of Rs 2,07,600 per kilogram on December 18, 2025.
The latest fall has brought silver prices to their lowest level in approximately 10 months, marking a significant decline from recent levels.
Gold prices also recorded a notable drop, with the yellow metal losing Rs 1,000 per 10 grams in the national capital.
Market participants will continue to monitor international price movements and other market developments for indications of the future direction of gold and silver prices.