Gold becomes ₹4,000/10 gm cheaper this week:Silver prices fall ₹11,500 to ₹2.21 lakh/kg

Gold and silver prices fell this week. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold came down from ₹1.52 lakh to ₹1.48 lakh. Its price increased by around ₹4,000 this week. The price of one kilogram of silver fell by ₹11,521 to ₹2.21 lakh. Before this, it was ₹2.32 lakh last week, on 25 September. Trading will not take place in the market today, 2 October, on the occasion of Gandhi Jayanti. Four reasons why gold prices vary across different cities Gold became ₹14,939 more expensive this year, while silver fell by ₹9,591 Gold has risen by ₹14,939 so far in 2026, while silver has fallen by ₹9,591 amid continued fluctuations in the prices of both metals this year. On 31 December 2025, 10g of gold was priced at ₹1.33 lakh; it has now reached ₹1.48 lakh. Silver was priced at ₹2.30 lakh per kg on 31 December 2025 and has now fallen to ₹2.21 lakh. During this period, gold also hit an all-time high of ₹1.76 lakh and silver reached ₹3.86 lakh on 29 January. Keep these two things in mind when buying gold from jewellers Four ways to identify genuine silver