New Delhi, May 27 (IANS). There is good news for gold and silver buyers. The prices of both valuable constituents have seen a decline on Tuesday.
According to the India Bullion Jewelers Association (IBJA), the price of 10 grams of gold of 24 carat has come down to Rs 661 to Rs 95,152, which was earlier Rs 95813.
The price of 22 carat gold has come down to Rs 87,159 per 10 grams, which was earlier at Rs 87,765. At the same time, the price of 18 carat gold has been reduced from Rs 71,860 per 10 grams to Rs 71,364 per 10 grams.
Silver prices have also declined with gold. The price of silver has come down by Rs 872 to Rs 96,525 per kg, which was earlier Rs 97,397 per kg.
Along with the spot, there has been a decline in gold and silver prices in the futures market.
On the multi -commodity exchange (MCX), the price of gold on 5 June 2025 fell 0.69 percent to Rs 95,275 and the contract of silver on July 4, 2025, has come down by 0.77 percent to Rs 97,247.
The reason for this is believed to be the fall in gold and silver prices internationally. By the time the news was written, gold fell by nearly 2 percent to $ 3,327 an ounce and silver fell by 1.19 percent to $ 33.21 an ounce.
Since January 1, the price of 10 grams 24 carat gold has increased from Rs 76,162 to Rs 18,990 or 24.93 percent to Rs 95,152. At the same time, silver price has also increased from Rs 86,017 per kg to Rs 10,508 or 12.21 percent to Rs 96,525 per cent.
In addition, the rupee fell 27 paise to close at 85.33 against the dollar. The reason for this weakness in Indian currency is believed to be the selling of foreign institutional institutional candidates (FIIs) and the strengthening of the dollar index.
-IANS
ABS/
