Gold-Silver Price Crash: Gold fell by Rs 32 thousand and silver by Rs 1.59 lakh in 146 days, a right buying opportunity or a big sign?

Business Desk – Gold-Silver Price Crash: A big decline is being seen in the Gold and Silver Market. On June 24, a sharp decline in the prices of both gold and silver was recorded. According to the latest data of India Bullion and Jewelers Association (IBJA), 24 carat gold has fallen by Rs 1,105 per 10 grams to reach Rs 1,43,890. At the same time, silver has also become cheaper by Rs 794 and has come down to Rs 2,26,689 per kg. The special thing is that from this year’s record high, gold has become cheaper by about Rs 32 thousand and silver by about Rs 1.59 lakh.

How much did gold and silver fall on June 24?

According to IBJA, 10 grams of 24 carat gold fell by Rs 1,105 to Rs 1,43,890. Earlier its price was around Rs 1.45 lakh. On the other hand, one kg silver weakened by Rs 794 and slipped below Rs 2.27 lakh. Talking about the month of June, gold has become cheaper by Rs 12,573 and silver by Rs 36,661. On June 1, the price of gold was Rs 1.56 lakh per 10 grams and silver was Rs 2.63 lakh per kg.

New rate of gold of different carats

24 carat gold has reached Rs 1,43,890 per 10 grams. Whereas 22 carat gold is trading at Rs 1,31,803, 18 carat gold at Rs 1,07,918 and 14 carat gold at Rs 84,176 per 10 grams.

What are the gold rates in big cities?

In the national capital Delhi, 24 carat gold is being sold at Rs 1,44,480 per 10 grams. Its price in Mumbai, Kolkata and Raipur is Rs 1,44,330. In Bhopal, Patna and Ahmedabad, gold is trading at Rs 1,44,380 per 10 grams. Whereas in Jaipur and Lucknow the price has been recorded at Rs 1,44,480.

How much did gold become cheaper in 146 days?

On January 29, 2026, gold had reached its all-time high of Rs 1,76,121 per 10 grams. After this, due to continuous profit booking and changes in the market, prices started falling. Now till June 24, gold has become cheaper by Rs 32,231. While at the end of January, gold was above Rs 1.76 lakh, now it is trading around Rs 1.44 lakh.

Biggest fall in silver

Silver has also given a big shock to investors this year. On January 29, silver had reached a record level of Rs 3,85,933 per kg. Now on June 24, its price has come down to Rs 2,26,689. That means, in just 146 days, silver has fallen to around Rs 1.59 lakh per kg. This is considered to be one of the biggest declines in recent years.

Keep these two things in mind before purchasing

Buy only BIS Hallmarked Gold

While buying gold, always check the Hallmark of Bureau of Indian Standards (BIS). Hallmark ensures that the gold is pure and certified. Its quality can be identified by the alphanumeric code recorded on the hallmark.

Must check Gold Rate Cross

Before buying jewellery, please check the latest price of gold on IBJA and other reliable sources. The price of 24 carat, 22 carat and 18 carat gold is different, so it is important to confirm the rate before purchasing.