There is a fall in the prices of gold and silver today i.e. on 18th August. According to India Bullion and Jewelers Association (IBJA), the price of one kg silver has fallen by Rs 1,920 to Rs 2.34 lakh. The price of 10 grams 24 carat gold has decreased by Rs 5 to Rs 1.54 lakh. There has been a rise in the prices of gold and silver so far this year. There are continuous fluctuations in the prices of gold and silver this year. Gold has become costlier by Rs 21 thousand so far in 2026. On December 31, 2025, 10g gold was above Rs 1.33 lakh, which has now reached Rs 1.54 lakh. There is an increase of Rs 4 thousand in the price of silver. Silver was Rs 2.30 lakh per kg on December 31, 2025, which is now at Rs 2.34 lakh. During this period, on January 29, gold had made an all-time high of Rs 1.76 lakh and silver had also made an all-time high of Rs 3.86 lakh. While buying gold from jewellers, keep these 2 things in mind. 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. Cross check the price: Cross check the exact weight of the gold and its price on the day of purchase from multiple sources (like 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
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