Gold falls ₹2,282/10 gm today to ₹1.38 lakh/10 gm:Silver gets nearly ₹40,000/kg cheaper in a month

Gold and silver prices continued to fall ahead of Diwali. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold fell by ₹2,282 today to ₹1.38 lakh. The price of 1 kilogram of silver fell by ₹1,264 to ₹1.80 lakh. On the last trading day of the previous week, gold was priced at ₹1.40 lakh and silver at ₹1.81 lakh. Gold falls by ₹8,084 and silver by ₹39,485 in October Earlier, gold became cheaper by ₹8,084 and silver by ₹39,485 in October. On 1 October 2026, 1 kilogram of silver was priced at ₹2.20 lakh, while 10 grams of gold cost ₹1.48 lakh. The fall in gold and silver prices is being driven by a stronger dollar in the international market and selling by large investors at higher prices. Three reasons why gold has become cheaper Three reasons why silver has become cheaper Will this decline continue for long? Commodity expert Ajay Kedia believes that gold and silver should be bought in instalments. Buy some now and the rest at intervals of 15-20 days. For investment, buy with a perspective of six months to one year rather than just one or two months. Four reasons why gold prices differ across cities Silver falls ₹2.06 lakh from all-time high Gold and silver prices have continued to fluctuate throughout this year. Silver was priced at ₹2.30 lakh on 31 December 2025, rising to an all-time high of ₹3.86 lakh on 29 January. Since then, silver has become cheaper by ₹2.06 lakh. Meanwhile, gold was priced at ₹1.33 lakh on 31 December 2025, rising to its highest level of ₹1.76 lakh on 29 January. Since then, gold has become cheaper by ₹38,000. Keep these 2 things in mind when buying gold from jewellers 4 ways to identify genuine silver