New Delhi15 minutes ago
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There is a fall in the prices of gold and silver today i.e. on 9th April. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has decreased by Rs 1,000 to Rs 1.50 lakh. Earlier it was at Rs 1.51 lakh. At the same time, one kg of silver decreased by Rs 9 thousand to Rs 2.35 lakh.
Gold became cheaper by ₹ 25 thousand from all time high
Gold was bullish at the beginning of the year, but has fallen in recent weeks due to profit-booking and the Iran war.
- All Time High (29 January 2026): ₹1.76 lakh
- present situation: Gold has become cheaper by ₹ 25 thousand from its highest level till now.
Crash in Silver: ₹3.86 lakh to ₹2.35 lakh
Silver has been more volatile than gold and has fallen sharply from its all-time high.
- All Time High (29 January 2026): ₹3.86 lakh
- Fall figure: Silver has become cheaper by ₹ 1.51 lakh from all time high.
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 melts faster on real silver.
- Smell Test: Real silver has no smell. Fakes 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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