Gold Silver Price Today: Gold crosses Rs 1.41 lakh and silver crosses Rs 2.19 lakh, huge fall from all time high, know the latest price?

Business Desk – Gold Silver Price Today: Gold and silver prices continued to fall on Thursday (July 16) also. While common buyers have got relief from the continuously falling prices, the concern of investors investing at high levels has increased. On January 29 this year, gold and silver had touched record levels, but since then there has been a big decline in the prices of both. Especially silver has fallen to almost half of its all-time high.

Today’s prices on MCX

On Thursday, on the domestic commodity market MCX, gold was trading at Rs 1,41,347 per 10 grams and silver at Rs 2,19,707 per kg. Earlier on Wednesday, gold had closed at Rs 1,41,900 per 10 grams and silver at Rs 2,20,750 per kilogram.

How much did gold and silver break from all time high?

On January 29, 2026, gold reached a record level of Rs 1,80,000 per 10 grams and silver reached Rs 4,20,000 per kilogram. In comparison, now gold has become cheaper by about Rs 38,653 per 10 grams and silver by about Rs 2 lakh per kilogram. The price of silver has fallen to almost half of its record high.

Weakness in international market also

Gold and silver are also under pressure in the international commodity market COMEX. On Thursday, gold is trading at $ 4,043.80 per ounce and silver at $ 57.33 per ounce. Whereas on January 29, gold had reached the highest level of $ 5,500 per ounce and silver had reached the highest level of $ 121 per ounce.

What should investors do?

Amidst the ongoing decline in the commodity market, commodity expert Manoj Kumar Jain of Prithvi Finmart has advised that investors who have long positions should book profits on every upswing. At the same time, long-term investors have been advised to maintain their positions instead of panicking.

Silver prices in major cities today (Rs. per kg)

Silver is being sold at Rs 2,34,900 per kg in Delhi, Mumbai, Kolkata and Bengaluru. Whereas in Chennai its price is Rs 2,40,100 per kg.

Gold prices in major cities today (Rs. per gram)

In Delhi, 24 carat gold is Rs 14,373, 22 carat Rs 13,176 and 18 carat Rs 10,783 per gram. In Mumbai, Kolkata and Bengaluru, 24 carat gold is being sold at Rs 14,358 per gram, while in Chennai it is being sold at Rs 14,345 per gram. The price of 24 carat gold in Hyderabad is Rs 14,358 per gram.

Why are gold and silver prices falling?

According to experts, the increasing geopolitical tension between America and Iran and the rise in crude oil prices are affecting the global commodity market.

Although America’s inflation rate has been lower than expected, rising oil prices have increased fears that the US Federal Reserve may raise interest rates in the future. For this reason, there is pressure on the prices of gold and silver.