Gold falls by ₹2,309 to ₹1.38 lakh:Price falls by ₹4,000 in two days; silver becomes ₹3,901 cheaper today

Gold and silver prices declined today, 12 November. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold fell by ₹2,309 to ₹1.38 lakh. The price of 1 kilogram of silver fell by ₹3,901 to ₹1.82 lakh. Gold had fallen by ₹1,817 and silver by ₹100 yesterday as well, meaning gold has become around ₹4,000 cheaper in two days. Silver becomes ₹2 lakh cheaper than its all-time high Gold and silver prices have continued to fluctuate this year. The price of silver was ₹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 ₹1.94 lakh cheaper. Meanwhile, gold prices stood at ₹1.33 lakh on 31 December 2025, rising to a peak of ₹1.76 lakh on 29 January. Since then, gold has become ₹36,000 cheaper. What should investors do now? Commodity expert Ajay Kedia believes that gold and silver should be bought in instalments. Buy some now and the rest at intervals of 15-20 days. Instead of investing with a horizon of one or two months, make purchases with a six-month to one-year horizon. Keep these two things in mind when buying gold from jewellers Four ways to identify genuine silver