New Delhi/Patna: Gold and silver prices edged lower on Tuesday, according to data from the India Bullion and Jewellers Association, reflecting a minor correction after recent gains.
The price of 10 grams of 24-carat gold fell by Rs 543 to Rs 1.47 lakh, compared with Rs 1.48 lakh in the previous session. Silver also declined, with prices dropping by Rs 618 to Rs 2.39 lakh per kilogram.
Prices Still Up In 2026
Despite the day’s decline, both metals have seen a sharp rise since the beginning of the year. Gold has gained around Rs 14,000 per 10 grams, up from Rs 1.33 lakh on December 31, 2025.
Silver has also recorded an increase of about Rs 9,000 per kilogram over the same period, rising from Rs 2.30 lakh to its current level.
Factors Behind Price Movement
Market analysts said short-term fluctuations are common in bullion markets, influenced by global trends, currency movements and investor demand. However, the broader trend in 2026 has remained upward amid continued interest in precious metals as a hedge.
Consumer Advisory
Experts advise buyers to exercise caution while purchasing gold and silver, particularly during periods of price volatility.
Consumers are encouraged to buy only certified gold with Bureau of Indian Standards (BIS) hallmarking to ensure purity. Checking daily rates from reliable sources such as IBJA is also recommended before making purchases.
For silver, basic verification methods — such as checking for magnetic response, odour and surface marks — can help identify authenticity, though experts suggest relying on certified sellers for accuracy.
Experts said price movements are likely to remain dynamic in the coming weeks, with global market cues continuing to shape domestic bullion rates.
