Gold and Silver Prices Record Sharp Weekly Decline in India

This week, precious metal prices in India saw a notable downward movement. As per publicly available market data, silver prices fell by over ₹8,000 per kilogram, while gold prices dropped by around ₹1,600 per 10 grams.

Gold Price Weekly Movement

According to the latest rate updates:

• 24K gold is currently around ₹1,23,146 per 10 grams, compared to approximately ₹1,24,794 a week earlier.

  
  

Silver Price Weekly Movement

Silver also showed a significant change:

• Current domestic rate: Around ₹1,51,129 per kg

• Previous rate: Approximately ₹1,56,018 per kg

  
  

These numbers reflect general market movements and may vary depending on city, jeweller, and purity level.

Market Context (General Information Only)

Price fluctuations in gold and silver are influenced by multiple factors such as:

• International market trends

• Currency movements

• Overall demand and supply conditions

This information is shared for educational and informational purposes only.

Important Disclaimer (SEBI-Safe)

• This post does not provide investment, trading, or financial advice.

• This is not a buy/sell/hold recommendation.

• Rates mentioned are general market updates and may differ across locations.

• Readers should verify prices independently from official or authorised sources.

  
  

Summary

Gold and silver recorded one of the notable weekly declines in recent months, reflecting broader market trends. Individuals interested in precious metals may track daily price movements from official rate providers and recognised jewellers.