Gold prices fall to ₹1.26 lakh/10 gm on Diwali:Commodity becomes ₹3,000 cheaper; silver rates reduce by ₹9,000 per kg

On Diwali on Monday, 20 October 2025, gold became cheaper by about ₹3,000 and silver by ₹9,000. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has decreased by ₹2,854 to reach ₹1,26,730. Earlier on 17 October, gold had made an all-time high of ₹1,29,584. Silver prices have also fallen today. It dropped by ₹9,130 to reach ₹1,60,100 per kilo. Previously, silver was at ₹1,69,230 per kilo. Earlier on 14 October, silver had reached an all-time high of ₹1,78,100. This year gold became expensive by ₹50,568 and silver by ₹74,083 This year so far, the price of gold has increased by ₹50,568. On 31 December, 2024, 10 grams of 24 carat gold was ₹76,162, which has now become ₹1,26,730. Silver prices have also increased by ₹74,083 during this period. On 31 December, 2024, the price of one kilo of silver was ₹86,017, which has now become ₹1,60,100 per kilo. Keep these 2 things in mind while buying gold 1. Buy Certified Gold Only: Always purchase certified gold with Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric, for example – AZ4524. Hallmarking indicates the number of carats in the gold. 2. Cross-check Prices: Cross-check the correct weight of gold and its price on the day of purchase from multiple sources (like India Bullion and Jewellers Association website). Gold prices vary according to 24 carat, 22 carat and 18 carat.