New Delhi13 minutes ago
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There was a decline in the prices of gold and silver this week. Gold fell by Rs 4,276 in a week to Rs 1.43 lakh per 10 grams. Before this, it was at Rs 1.47 lakh last week i.e. on March 20.
At the same time, silver has fallen from 2.32 lakh kg to Rs 2.21 lakh. That means its price decreased by Rs 10,717.
Due to the ongoing war between America and Israel with Iran, investors are collecting cash (dollars) by selling their ‘gold holdings’, so that they can deal with the market volatility. Due to this, dollar demand is increasing and the prices of gold and silver are falling.
This week gold became cheaper by ₹ 4,276 and silver by ₹ 10,717 thousand
| Sleep | Silver | |
| 27-Mar-26 | ₹1,42,942 | ₹2,21,647 |
| 25-Mar-26 | ₹1,46,205 | ₹2,34,814 |
| 24-Mar-26 | ₹1,40,420 | ₹2,24,545 |
| 23-Mar-26 | ₹1,39,569 | ₹2,19,260 |
See the current prices of gold in different cities of the country in the map…
4 reasons why gold prices differ in different cities
- Transportation and Security: Transporting gold from one city to another involves fuel and heavy security costs. As distance from import centers increases, transportation costs increase, which increases local prices.
- Purchase quantity: In areas like South India, due to high consumption (about 40%), jewelers buy gold in large quantities. Customers get the benefit of this discount in the form of lower prices.
- Local Jewelery Association: Every state and city has its own jewelery associations (e.g. Madras Jewelers Association in Tamil Nadu). These organizations decide the rate of gold for their area based on local demand and supply.
- Old Stock and Purchase Price: The rate at which the jewelers purchased their stock also matters. Jewelers who have old stock purchased at cheaper rates can charge lower prices to customers.
Silver fell by Rs 1.64 lakh from all-time high
This year, there are continuous fluctuations in the prices of gold and silver. 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 33,179.
At the same time, the price of silver was Rs 2.30 lakh on December 31, 2025, which reached an all-time high of Rs 3.86 lakh on January 29. Since then, silver has become cheaper by Rs 1.64 lakh in 57 days.
Keep these 2 things in mind while buying gold from jewelers
1. Buy only certified gold: Always buy certified gold bearing the hallmark of Bureau of Indian Standards (BIS). This number can be alphanumeric i.e. something like this – AZ4524. Hallmarking shows how many carats the gold is.
2. Price Cross Check: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (such as the website of India Bullion and Jewelers Association). The price of gold varies according to 24 carat, 22 carat and 18 carat.
4 ways to identify real silver
Magnet Test: Real silver does not stick to magnets. If it sticks then it is fake.
Ice Test: Place ice on silver. Ice will melt much faster on real silver.
Smell Test: Real silver has no smell. Fakes may smell like copper.
Cloth Test: Rub the silver with a white cloth. If a black mark appears then it is real.
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Read this news also…
Indian households have more gold than the country’s GDP: 34,600 tonnes of gold worth ₹450 lakh crore, country’s GDP ₹370 lakh crore
The total value of gold held by Indian households has crossed $5 trillion (₹450 lakh crore). This figure is more than the country’s total GDP of 4.1 trillion dollars i.e. Rs 370 lakh crore. This has happened due to gold prices reaching record high. According to a report by Morgan Stanley, about 34,600 tonnes of gold is deposited in Indian homes.
Currently the value of gold is around Rs 1.38 lakh per 10 grams. Whereas in the international market, gold is trading beyond $ 4,500 per ounce (about 28 grams). If we convert it into rupees then its value is around Rs 1.30 lakh per 10 grams. Read the full news…
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