Gold Rate Today: People came out to buy gold and silver! Prices suddenly dropped, gold became cheaper by ₹ 27,000 from record high

Gold Silver Price Today April 29: If you are also planning to buy gold or silver, then there is very good news for you. Today, on April 29, a huge fall in the prices of gold and silver has been recorded in the bullion market amid the rise in crude oil prices and the strengthening of the dollar index. The prices fell ‘a lot’ early in the morning, due to which the faces of the buyers were happy.

Let us tell you that earlier on Tuesday late night in the bullion market, silver had fallen to Rs 2.44 lakh per kg and gold to Rs 1.54 lakh. There was also sluggishness on the Multi Commodity Exchange (MCX) on Wednesday morning. At the same time, the price of gold on the global market (Comex) has fallen by 0.11 percent to $ 4,590.52 an ounce.

How much did gold become cheaper?

According to the latest report of the Indian Bullion and Jewelers Association (IBJA), the price of 24-carat pure gold is now Rs 1,48,780 per 10 grams But she has arrived. At the same time, 22-carat gold is generally used for jewellery. Rs 1,45,210 per 10 grams But it is being sold.

The surprising thing is that gold which was running at rocket speed in the beginning of the year, is now continuously coming down. If we look at the data, on January 29, 2026, gold Rs 1.76 lakh ‘All time high’ level was touched. If we compare today’s prices, gold is close to its record level. Rs 27,000 cheaper are done.

Heavy fall in silver prices

The decline in silver is even more shocking than that of gold. silver today Rs 2.37 lakh per kg Is trading around. Remind that on January 29 this year, the price of silver Rs 3.86 lakh Per kilogram had reached its historical peak. That means silver is still close to its record rate. Affordable Rs 1.49 Lakh It is done.

Why are prices falling?

Market experts believe that the main reasons for this are the rise in international crude oil prices and the strengthening of the dollar against other currencies. Moreover, profit-booking by investors has also helped in bringing down the prices. If you want to buy for investment or marriage, then according to market experts this can be a golden opportunity.