Silver fell by ₹2,953 today, gold cheaper by ₹316:Gold fell by ₹9 thousand, silver by ₹30 thousand in 45 days due to Iran war

Amidst the ongoing conflict between America-Israel and Iran, gold and silver prices have fallen today. According to the India Bullion and Jewelers Association (IBJA), one kilogram of silver has decreased by ₹2,953 to ₹2.37 lakh, which was ₹2.40 lakh on April 10. Meanwhile, 10 grams of 24-carat gold has fallen by ₹316 to ₹1,50,011. Earlier on Friday, it was at ₹1,50,327. Due to the America-Iran conflict, gold has become cheaper by ₹9,086 and silver by ₹29,719 in 45 days. 4 reasons why gold prices differ in different cities Silver fell by 1.49 lakh rupees from its all-time high This year, gold and silver prices have been continuously fluctuating. On December 31, 2025, gold prices were ₹1.33 lakh, which rose to an all-time high of ₹1.76 lakh on January 29. Since then, gold has become cheaper by ₹26,110. Meanwhile, silver prices were ₹2.30 lakh on December 31, 2025, which reached an all-time high of ?3.86 lakh on January 29. Since then, in 103 days, silver has become cheaper by ₹1.49 lakh. Gold ₹26,000 and Silver ₹1.49 lakh cheaper from all-time high Main reasons for the decline: Increased reliance on cash Usually, gold and silver prices rise in a war-like situation, but this time the situation is different: According to commodity expert Ajay Kedia, this decline in gold and silver prices may continue further. In such a situation, investors should avoid investing in gold and silver for now. 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, for example – 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 Jewellers Association website). The price of gold varies for 24 carat, 22 carat, and 18 carat. 4 ways to identify real silver