Gold Price Today: Gold Turns Cheaper Across Major Cities, Silver Loses Its Shine Too
After a brief pause, gold and silver prices witnessed a mild decline today, bringing some relief to buyers. Profit booking after recent gains has led to a slight correction in bullion rates. While the drop is not sharp, it signals short-term volatility after gold’s strong upward run over the past year. Here’s a detailed look at today’s gold and silver prices across 10 major cities, along with expert views on what may lie ahead.
Gold and Silver Prices See a Dip Today
Following one day of stability, gold prices slipped marginally today. In the national capital, 24-carat gold became cheaper by ₹10 per 10 grams, while 22-carat gold also declined by ₹10. This comes after two consecutive days of strong gains, during which gold prices surged significantly before pausing.
Silver also followed a similar trend. After remaining stable for a day, silver prices fell by ₹100 per kilogram. This minor decline is attributed to profit booking after sharp fluctuations seen earlier this month.
Gold Rates in 10 Major Cities (10 Grams)
| City | 24 Carat Gold | 22 Carat Gold | 18 Carat Gold |
|---|---|---|---|
| Delhi | ₹1,40,600 | ₹1,28,890 | ₹1,05,480 |
| Mumbai | ₹1,40,450 | ₹1,28,740 | ₹1,05,330 |
| Kolkata | ₹1,40,450 | ₹1,28,740 | ₹1,05,330 |
| Chennai | ₹1,39,640 | ₹1,28,990 | ₹1,07,640 |
| Bengaluru | ₹1,40,450 | ₹1,28,740 | ₹1,05,330 |
| Hyderabad | ₹1,40,450 | ₹1,28,740 | ₹1,05,330 |
| Lucknow | ₹1,40,600 | ₹1,28,890 | ₹1,05,480 |
| Patna | ₹1,40,500 | ₹1,28,740 | ₹1,05,330 |
| Jaipur | ₹1,40,600 | ₹1,28,890 | ₹1,05,480 |
| Ahmedabad | ₹1,40,500 | ₹1,28,740 | ₹1,05,330 |
Note: Prices may vary slightly due to local taxes and jeweller margins.
Silver Prices Today
In the national capital, silver is trading at ₹2,59,900 per kilogram, down by ₹100 from the previous session. The same rate is observed in other major markets. However, silver remains the costliest in Chennai, where prices are hovering around ₹2,74,900 per kilogram.
What’s Next for Gold Prices?
Gold witnessed a historic rally during 2025, rising nearly 65 percent over the year. This sharp rise has led some investors to believe that the metal may now enter a prolonged consolidation phase. However, global fund managers remain optimistic.
According to senior investment experts, the factors that pushed gold to record highs—such as global economic uncertainty, currency depreciation concerns, and central bank buying—are still very much in play. Some analysts now view gold as a hedge against fiat currency risks.
That said, history suggests caution. After major rallies, gold has often entered long periods of consolidation. Similar patterns were observed in earlier decades, where prices took several years to reclaim previous highs.
Conclusion
Today’s decline in gold and silver prices offers a small breather after strong gains, especially for buyers planning near-term purchases. While the long-term outlook for gold remains positive, experts advise investors to stay cautious and avoid chasing prices after sharp rallies. A balanced approach and professional guidance remain key in navigating the bullion market.
Disclaimer:
The information provided here is for general awareness only. Market views and price movements are subject to change. Investors are advised to consult certified financial experts before making any investment decisions.
