Gold-Silver Rates: Gold Drops Below ₹1.5 Lakh Mark; Prices Plummet Suddenly, Silver Rates Also Decline
Gold-Silver Rates: A significant decline in the prices of gold and silver was observed this evening—Thursday. Read the full report to find out the latest rates.
Gold-Silver Prices Today: Fluctuations in gold and silver prices are witnessed not just daily, but practically every hour. On the evening of Thursday, April 9, 2026, a decline was once again recorded in the prices of both gold and silver. Gold and silver prices saw a reduction of approximately ₹1,200 and ₹8,000, respectively. This development has sent a wave of cheer through buyers in the market.
How Much Did Gold Prices Fall?
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold has dropped by ₹1,184 to reach ₹149,937 per 10 grams. Previously, the price of 24-carat gold stood at ₹151,121 per 10 grams. The price of 22-carat gold has declined from ₹138,427 per 10 grams to ₹137,342 per 10 grams. The rate for 18-carat gold has fallen to ₹112,453 per 10 grams; its previous price was ₹113,341 per 10 grams.
How Much of a Decline Was Recorded in Silver Prices?
Alongside gold, silver prices also witnessed a decline. The price of silver dropped by ₹7,883 to reach ₹236,158 per kilogram, down from its previous rate of ₹244,041 per kilogram. In the futures markets, gold and silver witnessed mixed trading activity. At the time of writing, the price of the gold contract for June 5, 2026, has risen by 0.47 percent to ₹152,488, while the price of the silver contract for May 5, 2026, has declined by 0.60 percent to ₹238,483.
Situation in International Markets
Selling pressure was observed in gold and silver across international markets. Gold traded at $4,770 per ounce, showing a marginal weakness of 0.11 percent, while silver stood at $74 per ounce. According to experts, the decline in gold and silver prices is attributable to profit-booking following the recent rally; furthermore, a surge in crude oil prices has also exerted downward pressure on gold and silver. Both gold and silver have delivered impressive returns over the past year. During this period, gold prices have appreciated by approximately 54 percent, while silver prices have surged by 144 percent.
