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Saturday, October 31, 2026
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Gold Prices Hit 10-Month Low Amid Global Sell-off

   

SRINAGAR: Gold prices in the national capital fell to a 10-month low of Rs 1.42 lakh per 10 grams on Saturday, extending their decline for a second consecutive session amid a sharp sell-off in global precious metal markets.

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The price of gold (99.9 per cent purity) declined by Rs 3,200 to Rs 1,42,000 per 10 grams, inclusive of all taxes, compared with Rs 1,45,200 recorded at the previous close, according to the All India Sarafa Association.

Gold was last quoted at a comparable level on December 26, 2025, when it stood at Rs 1,42,300 per 10 grams.

Silver prices also witnessed a further decline, falling by Rs 4,200 to Rs 1,86,000 per kilogram, inclusive of all taxes, against the previous closing price of Rs 1,90,200 per kg.

The white metal was last traded near this level on December 8, 2025, when its price stood at Rs 1,85,000 per kg.

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