Gold and silver prices have declined on July 24. According to the India Bullion and Jewellers Association (IBJA), one kilogram of silver has fallen by ₹2,924 to ₹2.19 lakh . Meanwhile, 10 grams of 24-carat gold has dropped by ₹1,848 to ₹1.42 lakh . A day earlier, silver was at ₹2.22 lakh and gold was at ₹1.44 lakh . Silver down ₹1.67 lakh from all-time high This year, gold and silver prices have been witnessing continuous fluctuations. On December 31, 2025, gold prices were at ₹1.33 lakh , which rose to reach the highest level of ₹1.76 lakh on January 29. Since then, gold has become cheaper by ₹34,000 . Meanwhile, silver prices were at ₹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 ₹1.67 lakh =. Gold and silver prices may see an upward trend ahead 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 in these. According to Ajay Kedia, by the end of the year, gold could once again reach ₹1.60 lakh/10 gm and silver could reach ₹2.80 lakh/kg. Post navigation US imposes 10% additional tariff on Indian imports:Action over forced labour concerns; 60 countries face new trade measures