Silver ₹6,678/kg cheaper today, falls ₹37,000 in one month:10 grams of gold falls to ₹1.41 lakh during festive season

There is good news for those buying gold and silver during the festive season. According to the India Bullion and Jewellers Association (IBJA), the price of one kilogram of silver has fallen by ₹6,678 to ₹1.84 lakh, compared with ₹1.90 lakh on Thursday. Meanwhile, 10 grams of 24-carat gold has fallen by ₹1,364 to ₹1.41 lakh. Silver has fallen by ₹37,029 per kg and gold by ₹7,247 per 10 gm this month. Earlier, on 1 October, one kilogram of silver was priced at ₹2.20 lakh and 10 grams of gold at ₹1.48 lakh. Silver falls ₹1.96 lakh/kg from all-time high Gold and silver prices have continued to fluctuate this year. Silver was priced at ₹2.30 lakh on 31 December 2025 and reached an all-time high of ₹3.86 lakh on 29 January. Since then, silver has become cheaper by ₹1.96 lakh. Meanwhile, gold was priced at ₹1.33 lakh on 31 December 2025 and rose to its highest level of ₹1.76 lakh on 29 January. Since then, gold has become cheaper by ₹35,000. Keep These 2 Things in Mind When Buying Gold from Jewellers Buy only certified gold: Always buy certified gold bearing the Bureau of Indian Standards (BIS) hallmark. This number may be alphanumeric, such as AZ4524. Hallmarking indicates the carat purity of the gold. Cross-check the price: Cross-check the gold’s exact weight and its price on the day of purchase through multiple sources, such as the India Bullion and Jewellers Association website. Gold prices vary for 24-carat, 22-carat and 18-carat gold. 4 ways to identify real silver Magnet test: Real silver does not stick to a magnet. If it does, it is fake. Ice test: Place ice on the silver. Ice melts quickly on real silver. Smell test: Real silver has no odour. Fake silver smells like copper. Cloth test: Rub the silver with a white cloth. If it leaves a black mark, it is real.