Barring a few days, gold and silver prices in India have been rising continuously. However, both have seen a sharp decline in recent times. According to the Indian Bullion and Jewelers Association (IBJA) website, the price of 24 carat gold fell by ₹3,726 to ₹1,23,907 per 10 grams by Thursday morning. Silver price declined by ₹10,549 to ₹1,52,501 per kg. On MCX, gold fell 6% to ₹120,575 per 10 gram, while silver fell 4% to ₹144,000 per kg. Know the latest prices of 24 karat, 23 karat, 22 karat, 18 karat and 14 karat gold as per IBJA. We’ll keep you updated on price changes throughout the day.
Purity Morning Rate Gold 24 carat Rs 123907 per 10 gram Gold 23 carat Rs 123411 per 10 gram Gold 22 carat Rs 113499 per 10 gram Gold 18 carat Rs 92930 per 10 gram Gold 14 carat Rs 70486 per 10 gram Silver 999 Rs 152501 per kg
Gold and silver prices on MCX
Gold prices fell sharply in the Wednesday evening session on the Multi Commodity Exchange (MCX). The December futures contract opened at ₹1,24,423 per 10 grams, but soon fell to ₹1,20,575 per 10 grams, its lowest since October 10. This represents a decline of approximately 6% from the previous closing price. Similarly, silver prices on MCX also declined sharply and fell by 4% to ₹1,44,000 per kg. International spot gold prices also saw a sharp decline on Wednesday, falling more than 3% to below $4,007 an ounce. Overall, gold prices have fallen by about 8% in just two days. On Tuesday, gold recorded its biggest one-day fall in 12 years, falling 5%. Last week, gold had reached a record high of ₹1,32,294 per 10 grams, but now it has fallen by ₹12,000 from its high to ₹1,20,575. This is considered to be the biggest single day fall in gold prices in the last five years.
Gold price – last day’s position
Gold prices rose again in the domestic futures market in Monday’s trading session. After the recent decline from record highs, investors resorted to value buying, which helped gold regain its strength. On the Multi Commodity Exchange (MCX), gold for December delivery rose by ₹982, or 0.77%, to close at ₹1,27,990 per 10 gram. 14,913 lots were traded in this contract. On Friday, gold had hit an all-time high of ₹1,32,294 per 10 grams, but after five days of rise, it closed at ₹1,27,008. Meanwhile, gold for February 2026 delivery rose ₹1,680, or 1.31%, to ₹1,29,743 per 10 grams with a turnover of 1,862 lots. Gold prices have increased by a total of ₹5,644 (4.65%) in the last week, reflecting positive investor sentiment.
Silver Price – Yesterday’s Status
Like gold, silver also witnessed a rise. Silver for December delivery rose ₹1,522, or 0.97%, to ₹1,58,126 per kg with a turnover of 23,985 lots. Earlier, silver had touched an all-time high of ₹1,70,415 per kg on MCX. Meanwhile, silver for March 2026 delivery rose ₹1,292, or 0.82%, to ₹1,59,361 per kg on a business turnover of 5,787 lots. Silver prices increased by a total of ₹10,138 (6.92%) last week due to increased industrial demand and reduced supply.
global market trend
At the international level too, gold and silver traded with an improving trend. On Comex, gold for December delivery closed at ₹4,275.76 an ounce, up ₹62.46 (1.48%) after hitting an all-time high of ₹4,392 an ounce on Friday. Silver rose 1.50% to ₹50.85 an ounce. Earlier it had climbed as high as $53.76 an ounce, but at the end of the week it fell by a massive 6%, which was its biggest fall in six months.