Gold and silver prices declined for the second consecutive day on February 13, according to the India Bullion and Jewellers Association (IBJA). The price of silver fell by ₹17,188 to ₹2,41,945 per kg on Friday. Silver had closed at ₹2,59,133 per kg on Thursday and ₹2,66,449 per kg on February 11, marking a total drop of nearly ₹24,000 in just two days. Meanwhile, 24-carat gold declined by ₹2,899 to ₹1,52,751 per 10 grams, compared with ₹1,55,650 per 10 grams on Thursday. Notably, gold and silver had touched record highs on January 29, with gold at ₹1,76,121 per 10 grams and silver at ₹3,85,933 per kg. Gold Up ₹22,455, Silver Up ₹28,713 So Far in 2026 Despite the recent correction, precious metals remain higher on a year-to-date basis: Gold has risen by ₹22,455 so far in 2026, from ₹1,33,195 on December 31, 2025 to ₹1,52,751. Silver has gained ₹28,713, rising from ₹2,30,420 per kg to ₹2,41,945 per kg. 2025 Saw Massive Rally in Precious Metals Gold surged 75% in 2025, rising by ₹57,000 from ₹76,162 (Dec 31, 2024) to ₹1,33,195 (Dec 31, 2025). Silver jumped 167%, gaining ₹1.44 lakh, from ₹86,017 per kg to ₹2,30,420 per kg during the same period. Buying Tip: Choose Only Certified Gold Buyers are advised to purchase only BIS-hallmarked gold certified by the Bureau of Indian Standards (BIS). The hallmark—an alphanumeric code—indicates the purity and carat of gold, ensuring authenticity and quality. Post navigation ‘Better to shut down RERA,’ says Supreme Court:It has become ‘rehabilitation centre for retired bureaucrats’, homebuyers get no relief
