Gold and silver prices have fallen, bringing good news for those buying them for weddings. According to the India Bullion and Jewellers Association (IBJA), 10 grams of 24-carat gold fell by ₹1,808 today to ₹1.36 lakh, compared with ₹1.38 lakh on 12 November. Meanwhile, 1 kg of silver fell by ₹3,540 to ₹1.77 lakh, compared with ₹1.81 lakh on Thursday. Notably, gold has become cheaper by ₹6,536 and silver by ₹8,500 over three consecutive days. Before this, on 10 November, gold was priced at ₹1.42 lakh and silver at ₹1.86 lakh. The fall in gold and silver prices is being driven by a stronger dollar in the international market and large investors selling at high prices. 4 reasons gold prices differ across cities Three reasons why gold is cheaper 3 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, purchases should be made with a horizon of six months to one year rather than one or two months. Silver falls ₹2.02 lakh from all-time high Gold and silver prices have continued to fluctuate this year. Silver was priced at ₹2.30 lakh on 31 December 2025 and reached an all-time high of ₹3.86 lakh on 29 January. Since then, silver has become cheaper by ₹2.02 lakh, or around 114%. Meanwhile, gold was priced at ₹1.33 lakh on 31 December 2025 and rose to its highest level of ₹1.76 lakh on 29 January. Since then, gold has become cheaper by ₹40,000, or around 30%. Keep these 2 things in mind when buying gold from jewellers 4 ways to identify genuine silver Post navigation ‘I’m a piece of sh**,’ Jensen Huang describes himself:Inside his fall from power and the final days as Nvidia CEO