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Thursday, October 22, 2026
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Gold and Silver Prices Fall Sharply

   

SRINAGAR: Gold prices fell by Rs 1,000 to Rs 1.48 lakh per 10 grams in New Delhi on Thursday, while silver dropped Rs 5,900 to Rs 2,07,500 per kilogram, its lowest level in 10 months, according to the All India Sarafa Association.

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Gold of 99.9 per cent purity had closed at Rs 1.49 lakh per 10 grams on Wednesday. Silver, inclusive of all taxes, declined from Rs 2,13,400 per kilogram.

In international markets, spot gold fell by USD 68.98, or nearly 1.7 per cent, to USD 4,072.30 per ounce, while silver declined nearly 4 per cent to USD 55.72 per ounce.

Silver was last at a comparable price of Rs 2,07,600 per kilogram on December 18, 2025, the association’s data showed.

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