Gold prices have fallen today, i.e., on July 16. According to the India Bullion and Jewellers Association (IBJA), 10 grams of 24-carat gold has dropped by ₹189 to reach ₹1.42 lakh. Meanwhile, one kilogram of silver has increased by ₹680 to reach ₹2.20 lakh. Gold has become ₹9,000 more expensive this year This year, gold and silver prices have been witnessing continuous fluctuations. Gold has become ₹9,000 more expensive in 2026 so far. On December 31, 2025, 10g gold was above ₹1.33 lakh, which has now reached ₹1.42 lakh . Meanwhile, the price of silver has fallen by ₹10,000 . Silver was at ₹2.30 lakh per kilogram on December 31, 2025, which is now at ₹2.20 lakh . During this period, on January 29, gold made an all-time high of ₹1.76 lakh and silver made an all-time high of ₹3.86 lakh . Gold and Silver’s Movement So Far This Year Note:- Gold price per 10 grams and silver price per kilo | Source:- IBJA Reason for decline in gold-silver prices Avoid Lump Sum Investment in Gold-Silver According to commodity expert Ajay Kedia, gold and silver prices have come down significantly from their highs. In such a situation, investors can invest in them, however, one should avoid making lump sum investments. According to Ajay Kedia, by the end of the year, gold could once again reach ₹1.60 lakh and silver ₹2.80 lakh . Keep these 2 things in mind when buying gold from jewellers 4 Ways to Identify Real Silver Post navigation Sensex rises 200 points to 77,350:Nifty gains 50 points; buoyant auto and IT shares Ex-RBI Governor Raghuram Rajan joins US’ central bank’s special team:The Bhopal-born economist to advise America’s top most bank on how to manage money