Patna: Gold and silver prices slipped on February 12, reversing part of their recent gains, according to data from the India Bullion and Jewellers Association (IBJA).
The price of one kilogram of silver fell by Rs 5,835 to Rs 2,60,614, down from Rs 2,66,449 on Wednesday. Gold also declined, with the price of 10 grams of 24-carat gold dropping by Rs 1,175 to Rs 1,56,147, compared with Rs 1,57,322 a day earlier.
Despite the latest correction, both metals remain well below their all-time highs recorded on January 29, when gold touched Rs 1,76,121 per 10 grams and silver reached Rs 3,85,933 per kilogram in the bullion market.
Strong gains since year-end
Market data show that in the first 43 days of the year, gold has risen by Rs 22,952. On December 31, 2025, 10 grams of 24-carat gold was priced at Rs 1,33,195; it now stands at Rs 1,56,147.
Silver has gained Rs 30,194 over the same period. Its price has climbed from Rs 2,30,420 per kilogram at the end of December to Rs 2,60,614.
IBJA rates exclude 3% GST, making charges and jewellers’ margins, meaning retail prices may vary across cities.
Advice for buyers
Consumers are advised to purchase certified gold hallmarked by the Bureau of Indian Standards (BIS). Hallmarking, typically marked with an alphanumeric code such as AZ4524, certifies the purity and caratage of the gold and helps safeguard buyers against substandard products.
