Gold and Silver Prices Decline Sharply in a Single Day

Gold and silver prices, which had been climbing in recent weeks to record highs, have now witnessed a pause. Owing to fluctuations in international markets, domestic bullion prices have also shown a downward trend. Yesterday morning, the price of 24-carat gold (10 grams) stood at ₹1,57,740, while today it has fallen to ₹1,56,430 marking a decline of ₹1,310 in a single day. Market analysts suggest that gold prices may soften further in the coming days.

Silver prices have also recorded a marginal decline. On Monday, silver was priced at ₹2,68,000 per kilogram, which has now slipped to ₹2,67,900 on Tuesday a drop of ₹100 per kg.

A look at gold prices (per 10 grams) across major Indian cities shows the following rates for 24-carat and 22-carat gold respectively:

Hyderabad: ₹1,56,430 / ₹1,43,390

Vijayawada: ₹1,56,430 / ₹1,43,390 

Delhi: ₹1,56,580 / ₹1,43,540 

Mumbai: ₹1,56,430 / ₹1,43,390

Vadodara: ₹1,56,480 / ₹1,43,440 

Kolkata: ₹1,56,430 / ₹1,43,390

Chennai: ₹1,57,520 / ₹1,44,390

Bengaluru: ₹1,56,430 / ₹1,43,390

Kerala: ₹1,56,430 / ₹1,43,390

Pune: ₹1,56,430 / ₹1,43,390

Silver prices (per kg) in major cities are as follows:

Hyderabad: ₹2,64,900

Vijayawada: ₹2,64,900 

Delhi: ₹2,67,900 

Chennai: ₹2,64,900 

Kolkata: ₹2,67,900

Kerala: ₹2,64,900

Mumbai: ₹2,67,900

Bengaluru: ₹2,67,900 

Vadodara: ₹2,67,900

Ahmedabad: ₹2,67,900

Note: The gold and silver prices mentioned above are subject to change frequently based on market fluctuations. Therefore, it is advisable to verify the latest prices at the time of purchase.