Patna: Gold and silver prices recorded a sharp decline on June 24, according to data released by the India Bullion and Jewellers Association (IBJA), continuing a broader downward trend in the domestic bullion market.
Gold Price Falls Over Rs 1,000 in a Day
The price of 10 grams of 24-carat gold fell by Rs 1,105 to Rs 1.44 lakh on June 24, down from Rs 1.45 lakh in the previous session.
Market data shows that gold has lost Rs 12,573 in June so far. On June 1, the metal was priced at Rs 1.56 lakh per 10 grams.
Silver Records Steeper Monthly Decline
Silver prices also declined, with one kilogram falling by Rs 794 to Rs 2.27 lakh.
Over the course of June, silver has dropped by Rs 36,661, down from Rs 2.63 lakh per kilogram at the start of the month.
Year-to-Date Volatility in Precious Metals
The bullion market has seen significant fluctuations in 2026. On December 31, 2025, gold stood at Rs 1.33 lakh per 10 grams before climbing to a peak of Rs 1.76 lakh on January 29.
Since that peak, gold has fallen by Rs 31,126.
Silver has shown even sharper volatility. It was priced at Rs 2.30 lakh per kilogram on December 31, 2025, before reaching an all-time high of Rs 3.86 lakh on January 29.
Since then, silver has declined by Rs 1.58 lakh over a period of 146 days, reflecting sustained correction in the bullion market.
