Gold and silver prices have fallen today, May 26. According to the India Bullion and Jewelers Association (IBJA), the price of 1 kg of silver has decreased by ₹4,750 to ₹2.66 lakh. The price of 10 grams of 24-carat gold has fallen by ₹1,135 to ₹1.58 lakh. Gold price by carat Gold prices in the major cities of the country Source: Goodreturns May 26, 2026 Gold Price Journey: From ₹1.76 Lakh to ₹1.58 Lakh Gold showed an upward trend at the beginning of this year, but in the last few weeks, it has seen a decline due to profit-booking and global factors. Silver Prices Crash: From ₹3.86 Lakh to ₹2.66 Lakh Silver has seen more fluctuations compared to gold. It has fallen significantly from its all-time high. Gold ₹18 Thousand and Silver ₹1.20 Lakh Cheaper in 117 Days Source: IBJA Main reasons for the decline: Trusting ‘Cash’ over Metal Usually, gold and silver prices rise in a war environment, but this time the situation is a little different: Keep these 2 things in mind when buying gold from jewelers 1. Buy only certified gold: Always buy certified gold with the Bureau of Indian Standards (BIS) hallmark. This number can be alphanumeric, something like this – AZ4524. Hallmarking indicates the caratage of the gold. 2. Cross-check the price: Cross-check the correct weight of the gold and its price on the day of purchase from multiple sources (such as the India Bullion and Jewelers Association website). Post navigation After petrol and diesel, CNG prices rise by ₹2:Delhi price at ₹83.09 per kg; 4th hike this month takes total increase to ₹6 Nearly 19 lakh trucks parked due to rising diesel prices:Freight increased by up to 15%, food items may become expensive