Silver prices fall ₹10,717/kg this week:Gold becomes ₹4,276/10 gm cheaper; robust US dollar demand takes shine off metals

Gold and silver prices fell this week. Gold fell by ₹4,276 during the week to reach 1.43 lakh per 10 grams. Earlier, it was at ₹1.47 lakh on March 20 last week. Meanwhile, silver dropped from ₹2.32 lakh per kilo to ₹2.21 lakh. This means its price decreased by ₹10,717. Due to the ongoing war between US-Israel and Iran, investors are selling their ‘gold holdings’ to collect cash (dollars) so they can deal with market volatility. This is increasing dollar demand and causing gold and silver prices to fall. This week gold becomes cheaper by ₹4,276 and silver by ₹10,717 4 reasons why gold prices are different in different cities Silver drops ₹1.64 lakh/kg from all-time high This year, gold and silver prices have been continuously fluctuating. On December 31, 2025, gold prices were ₹1.33 lakh, which increased to reach the highest level of ₹1.76 lakh on January 29. Since then, gold has become cheaper by ₹33,179. Meanwhile, the price of silver was ₹2.30 lakh on December 31, 2025, which reached an all-time high of ₹3.86 lakh on January 29. Since then, silver has become cheaper by ₹1.64 lakh in 57 days. Keep these 2 things in mind when buying gold from jewellers 1. Buy only certified gold: Always buy certified gold with Bureau of Indian Standard (BIS) hallmark. This number can be alphanumeric like this – AZ4524. Hallmarking indicates how many carats the gold is. 2. Cross Check Price: Cross check the correct weight of gold and its price on the day of purchase from multiple sources (like India Bullion and Jewelers Association website). Gold prices vary based on 24 carat, 22 carat and 18 carat. 4 Ways to Identify Real Silver Magnet Test: Real silver does not stick to magnets. If it sticks, it’s fake. Ice Test: Place ice on silver. Ice will melt very quickly on real silver. Smell Test: Real silver has no odor. Fake silver may have a copper-like smell. Cloth Test: Rub silver with white cloth. If it leaves a black mark then it’s genuine.