Buyers’ fun before the wedding season: Gold and silver prices have fallen, is this the right time to invest?
Gold-Silver Price Today 24 April 2026: Today, there has been a slight softening in the prices of gold and silver in the country. There has been a decline of about Rs 1200 in the price of gold per 10 grams. On the Multi Commodity Exchange (MCX), gold was trading 0.26 per cent lower at around Rs 1,51,365 per 10 grams. At the same time, weakness was also seen in silver and it fell by 0.30 percent to the level of around Rs 2,40,800 per kg.
In India, gold has always been considered the most important metal for both investment and tradition. Along with purchasing jewellery, people also consider investing in gold coins, bars and gold ETFs as safe options. Its demand further increases during festivals like Dhanteras, Akshaya Tritiya and Diwali. Buying gold even on wedding occasions is considered a mandatory tradition.
recession in the economy
From an investment perspective, gold has long acted as a strong “hedge”. Whenever there is uncertainty or recession in the economy, investors turn to gold. Furthermore, when interest rates are low, gold prices are seen to rise. Although it fluctuates in the short term, its value is considered stable and strong in the long term.
Gold price in major cities of the country
| City | 24 carat gold (₹) | 22 carat gold (₹) |
| Delhi | 1,53,700 | 1,40,900 |
| Lucknow | 1,53,700 | 1,40,900 |
| Mumbai | 1,53,550 | 1,40,750 |
| Kolkata | 1,53,550 | 1,40,750 |
| Bengaluru | 1,53,550 | 1,40,750 |
| Hyderabad | 1,53,550 | 1,40,750 |
| Chennai | 1,55,010 | 1,42,090 |
Also read- Outcry in the share market! Heavy fall in Sensex and Nifty, crude oil crosses $106
Silver also continues to fall
Talking about the price of silver, a fall of about Rs 100 per kg was seen in the country today. On an average, silver is trading at Rs 2,59,900 per kg and Rs 259.90 per gram. Prices are almost the same in Delhi, Mumbai and Kolkata, while in Chennai it has increased to around Rs 2,69,900 per kg.
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