Mumbai: Gold and silver prices in India showed marginal movement on March 24, reflecting continued volatility in the precious metals market.
According to data from the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold declined by Rs 56 to hover around Rs 1.39 lakh. Silver, meanwhile, recorded a modest increase of Rs 1,093, trading at approximately Rs 2.20 lakh per kilogram.
Despite the minor daily fluctuation, both metals remain well below their recent record highs.
Gold, which began the year at around Rs 1.33 lakh on December 31, 2025, surged to an all-time high of Rs 1.76 lakh on January 29, 2026. It has since retreated by about Rs 37,000 from that peak.
Silver has seen sharper corrections. After rising from Rs 2.30 lakh at the end of 2025 to a record Rs 3.86 lakh in late January, prices have fallen by approximately Rs 1.66 lakh over the past 53 days.
Market analysts say the recent movements reflect a period of consolidation following the sharp rally earlier this year, with investor sentiment and global cues continuing to influence price trends.
