There was a decline in the prices of gold and silver this week. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 2,976 to Rs 1.43 lakh. Earlier, it was at Rs 1.46 lakh last week i.e. on 4th July. At the same time, silver has fallen from Rs 2.34 lakh per kg to Rs 2.20 lakh, its price decreased by Rs 13,468. Before this, there was a decline in gold and silver in the last month i.e. June. Last month, gold had become cheaper by Rs 15 thousand and silver by Rs 38 thousand. Silver fell by Rs 1.66 lakh this year. There are continuous fluctuations in the prices of gold and silver this year. On December 31, 2025, the price of gold was Rs 1.33 lakh, which increased to the highest level of Rs 1.76 lakh on January 29. Since then, gold has become cheaper by Rs 33 thousand. At the same time, the price of silver was Rs 2.30 lakh on 31 December 2025, which reached Rs 3.86 lakh on 29 January. This was the highest price of silver till date. Since then, silver has become cheaper by Rs 1.66 lakh in 163 days. Reason for fall in the prices of gold and silver. Keep these 2 things in mind while buying gold from jewelers. 4 ways to identify real silver.
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There was a decline in the prices of gold and silver this week: Silver fell by ₹ 13,468 to ₹ 2.20 lakh kg, 10 grams of gold became cheaper by ₹ 2,976.
