New Delhi/Patna: Gold and silver prices declined on April 23, reversing recent gains, according to data from the India Bullion and Jewellers Association.
The price of 10 grams of 24-carat gold fell by Rs 927 to Rs 1.51 lakh. On April 22, the metal had been trading at Rs 1.52 lakh per 10 grams.
Silver prices registered a steeper fall, dropping by Rs 4,700 to Rs 2.43 lakh per kilogram, down from Rs 2.48 lakh a day earlier.
Despite the dip, both metals remain significantly higher compared with the start of the year.
Gold has risen by around Rs 18,000 in 2026 so far, up from Rs 1.33 lakh per 10 grams on December 31, 2025.
Silver, meanwhile, has gained Rs 13,000 over the same period, climbing from Rs 2.30 lakh per kilogram.
Prices, however, are below their recent peaks. Gold had touched Rs 1.76 lakh on January 29, while silver reached Rs 3.86 lakh per kilogram.
This places current prices about Rs 25,000 lower for gold and Rs 1.42 lakh lower for silver compared with their respective highs.
Market observers said the latest correction reflects short-term fluctuations, even as broader trends continue to keep precious metals elevated.
