Gold Price Crash: Gold falls to its lowest level in two months, check the latest rate of your city

If you too are thinking of buying gold or silver in this wedding season, then there is a very shocking news for you from the bullion market. Amidst the turmoil on the global front, a historic fall in the prices of gold and silver is being seen in the Indian bullion market. Due to just one gesture of US President Donald Trump or the effect of his decisions, gold prices have fallen by ₹ 25,000. At the same time, the condition of silver is even worse, which is not showing signs of recovery even after slipping by more than 1.25 lakh rupees. According to market experts, silver prices may fall further by up to ₹ 80,000.

Actually, at present the eyes of the whole world are fixed on the ongoing war between America and Iran. Due to this tension, on one hand the prices of crude oil are skyrocketing, while on the other hand Gold-Silver Price An equally rapid decline is being recorded. Within the last three months, gold and silver investors have suffered a major setback. Since January 29, 2026, gold prices in India have decreased by Rs 25 thousand. In such a situation, for those who were planning to buy gold, this fall is no less than a big relief.

Gold reaches two-month low in international market

Amid global uncertainties, the shine of gold is continuously fading in the international market. The situation is such that spot gold has fallen by about $ 67.33 to $ 4,388.58 per ounce. This level is said to be the lowest level since March 27. Not only gold, but silver prices have also suffered a major dent. In the international market, spot silver is trading at $ 73.44 an ounce, falling by more than 1.6 percent. Experts say that this recession may deepen further in the coming days, due to which the prices will come down further.

In fact, rising crude oil prices due to the US-Iran war and inflation figures across the world have completely spoiled the movement of gold. Along with this, due to the uncertainty regarding interest rates, the inclination of big investors towards gold is continuously decreasing.

Big fall on MCX, know what are the prices in your city

Talking about the Indian market, today the markets were closed in the morning on the occasion of Bakrid, but as soon as the Multi Commodity Exchange (MCX) opened in the evening, heavy selling of gold and silver was seen. Within no time, gold fell by 1.28 percent i.e. about Rs 1,958 to Rs 1,53,672 per 10 grams. Talking about silver, it is trading at Rs 2,61,097 per kg on MCX, falling by Rs 5,189 with a decline of 1.95 percent.

According to the official website of India Bullion and Jewelers Association (IBJA), the latest prices of 24 carat to 14 carat gold in the domestic market are as follows:

• 24 karat (the purest gold): ₹1,56,411 per 10 grams
• 22 carat (used for jewellery): ₹1,43,849 per 10 grams
• 18 carat: ₹1,17,780 per 10 grams
• 14 carat: ₹91,868 per 10 grams

Why can silver become cheaper by up to ₹ 80,000?

It is being claimed in many foreign research reports including global brokerage firm USB that a bigger fall in silver may be seen in the coming days. It is being told that if silver falls to the level of 60 to 55 dollars per ounce in the international market, then its price in India may come down to around Rs 2.10 lakh per kg. That means, if compared with the current rate, silver can become cheaper by around Rs 70,000 to Rs 80,000.

The biggest reason behind this huge decline is believed to be the huge decline in industrial demand. In fact, silver is used extensively in major industries like smartphones, computers, solar panels, electric vehicles (EV), AI infrastructure and electronics. Recently, due to excessive increase in silver prices, these industries had reduced their purchases. Due to decrease in demand, this big decline in prices is now being seen, due to which common consumers can get even bigger relief in the coming days.