Gold prices fall for the fifth day in India while silver sees a sharp decline. Check latest city-wise gold rates and bullion market trends.
Gold prices continued their downward trajectory for the fifth straight session across India’s bullion markets, reflecting a broader global weakness. Silver prices also witnessed a sharp decline, intensifying pressure on precious metals amid shifting investor sentiment.
In early trading, gold prices fell by ₹1,100 to ₹1,200 per 10 grams, while silver dropped significantly by up to ₹5,000 per kilogram, marking one of the steepest single-day declines in recent sessions.
Global Cues Weigh on Domestic Prices
The decline in domestic markets mirrors international trends, where gold slipped by 0.49 percent to $4,675.50 per ounce, while silver traded at $76.37 per ounce.
Analysts attribute this fall to a combination of global economic signals, including a stronger dollar and changing risk appetite among investors, which often influence bullion demand.
The weakness in global markets has directly impacted Indian prices, given the country’s heavy reliance on imports for precious metals.
Gold Prices Across Major Cities
In the national capital New Delhi, 24-carat gold was priced at ₹1,53,690 per 10 grams, while 22-carat gold stood at ₹1,40,890.
In Mumbai, 24-carat gold traded at ₹1,53,540, with 22-carat gold at ₹1,40,740 per 10 grams.
Ahmedabad recorded 24-carat gold at ₹1,53,590 and 22-carat at ₹1,40,790 per 10 grams.
Southern markets showed slightly higher rates, with Chennai quoting 24-carat gold at ₹1,54,250 and 22-carat at ₹1,41,390 per 10 grams.
In Kolkata, gold prices remained aligned with Mumbai levels, with 24-carat at ₹1,53,540 and 22-carat at ₹1,40,740.
Meanwhile, Bhopal saw 24-carat gold at ₹1,53,590 and 22-carat at ₹1,40,790.
Prices in Northern and Central Markets
In Lucknow, gold prices stood at ₹1,53,690 for 24-carat and ₹1,40,890 for 22-carat variants.
Patna recorded similar rates, with 24-carat gold at ₹1,53,590 and 22-carat at ₹1,40,790.
Jaipur also mirrored Delhi’s pricing, with gold trading at ₹1,53,690 for 24-carat and ₹1,40,890 for 22-carat.
Southern and Eastern Markets Follow Trend
In southern and eastern capitals including Bengaluru, Hyderabad, and Bhubaneswar, gold prices remained consistent.
Across these markets, 24-carat gold traded at ₹1,53,540 per 10 grams, while 22-carat gold was priced at ₹1,40,740.
Silver Prices See Sharp Correction
Silver prices witnessed a notable decline, falling to ₹2,59,900 per kilogram in New Delhi’s bullion market.
The sharp drop reflects volatility in global silver markets, where industrial demand and macroeconomic factors play a significant role in price movements.
Market Sentiment and Outlook
Market experts suggest that the ongoing correction in bullion prices may continue in the short term, depending on global economic developments and currency fluctuations.
While gold is traditionally seen as a safe-haven asset, short-term price movements are often influenced by factors such as interest rates, inflation expectations, and geopolitical stability.
For consumers, the decline may offer a window of opportunity for purchases, particularly ahead of upcoming festive and wedding seasons.
Bullion Market Faces Short-Term Volatility
The continued decline in gold and silver prices highlights the volatile nature of bullion markets, especially in response to global cues.
As international trends evolve, domestic prices are expected to remain sensitive, with investors closely monitoring economic indicators and market signals.
Inputs & Images: Hindusthan Samachar
Edited By: Akshaya Polepalli
Also Read: IPL 2026: Sanju Samson Climbs to Third in Orange Cap Race, Anshul Kamboj Reclaims Purple Cap
