Gold prices have declined on August 26. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold has decreased by ₹610 to ₹1.61 lakh. Meanwhile, the price of one kilogram of silver has increased by ₹2,299 to reach ₹2.44 lakh. Gold has become ₹28 thousand more expensive this year Continuous fluctuations are being seen in the prices of gold and silver this year. Gold has become ₹29 thousand more expensive so far in 2026. On December 31, 2025, 10g of gold was at ₹1.33 lakh, which has now reached ₹1.61 lakh. Meanwhile, silver was at ₹2.30 lakh per kg on December 31, 2025, which has now reached ₹2.44 lakh. During this period, gold hit an all-time high of ₹1.76 lakh and silver hit an all-time high of ₹3.86 lakh on January 29. Gold could reach 1.70 lakh and silver up to 3 lakh rupees by December Anindya Banerjee, Senior VP and Head of Commodity Research at Kotak Securities, says that gold has the support of not only retail investors but also central banks around the world, such as the RBI, which are continuously buying gold. Gold will continue to see an upward trend even in difficult conditions ahead. If the situation improves, silver could also see a surge. According to the current outlook, the price of gold could reach 1.70 lakh rupees by December. The price of silver could also go up to 3 lakh rupees. Keep these 3 things in mind while buying gold from jewelers Post navigation Musk to build world’s largest rocket launch complex:8 times bigger than Manhattan; thousands of Starships to launch yearly
