Gold Silver Price Today: Gold is cheaper by Rs 1,079 and silver by Rs 3,155, how much can the price increase by the end of the year?

Business Desk – Gold Silver Price Today: A decline was recorded in the prices of gold and silver on Monday (July 13). According to India Bullion and Jewelers Association (IBJA), 24 carat 10 grams gold became cheaper by Rs 1,079 to Rs 1,43,368. At the same time, one kg silver fell by Rs 3,155 and is trading at Rs 2.17 lakh. The prices of gold and silver, which had reached record highs in the last few months, are now continuously softening.

Silver became cheaper by ₹ 1.69 lakh from record high

This year, huge fluctuations were seen in both gold and silver. The price of silver on December 31, 2025 was Rs 2.30 lakh per kg. After this, on January 29, it increased to an all-time high of Rs 3.86 lakh per kg. Now in about 165 days, silver has become cheaper by Rs 1.69 lakh and has come down to Rs 2.17 lakh. At the same time, on December 31, 2025, the price of 10 grams of gold was Rs 1.33 lakh. On January 29, it had increased to a record level of Rs 1.76 lakh. Since then, gold has become cheaper by about Rs 34 thousand.

Why did gold and silver fall?

According to experts, there are two main reasons for the fall in gold and silver prices. Strong US Dollar: The dollar index has strengthened after the signals from the Federal Reserve. Generally, when the dollar strengthens, there is pressure on the prices of gold and silver. Profit booking: After reaching record levels, big investors and traders booked profits, due to which prices fell.

Is now the right time to invest?

Commodity expert Ajay Kedia says that the prices of gold and silver have come down much from their highest level. In such a situation, investment opportunities are being created, but lump sum investment should be avoided. He estimates that by the end of the year, gold may reach Rs 1.60 lakh per 10 grams and silver may reach Rs 2.80 lakh per kg.

Keep these 2 things in mind while buying gold

Buy only certified gold with BIS hallmark. Hallmark confirms the purity of gold. Please cross-check the price before purchasing. Make purchases only after checking the latest rates of 24, 22 and 18 carats on reliable websites like IBJA.

How to identify real silver?

Magnet Test: Real silver does not stick to a magnet.
Ice Test: Ice melts faster on real silver.
Smell Test: Real silver has no smell, whereas fake silver may smell like metal.
Cloth Test: If a black mark appears when rubbed with a white cloth, the silver is considered genuine.

Investors are keeping an eye on this fall in the prices of gold and silver. Market experts believe that depending on global economic signals and movement of the dollar, price fluctuations may be seen again in the coming days.