• Source:JND


The bullion market saw a sharp drop in gold prices on Monday, dropping Rs 1,427 per 10 grams (not including GST) in a single day. 24-carat gold is now selling for Rs 95,718 per 10 grams as a result of this decline. The retail price for 10 grams is Rs 98,579 after 3% GST is added. Silver, on the other hand, kept rising and hit an all-time high of Rs 1,05,290 per kilogram (Rs 1,08,448/kg with GST).

The India Bullion and Jewellers Association (IBJA), which publishes gold and silver rates twice a day, at noon and in the evening, has released the most recent spot prices. These prices are benchmarks and do not include local premiums or GST, which can differ by Rs 1,000 to Rs 2,000 depending on the city.

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New Gold Prices (GST Not Included)

23 Carat Gold: Rs 95,335 per 10 grams (down Rs 1,421)

10 grams of 22 carat gold cost Rs 87,678 (down Rs 1,307).

10 grams of 18 carat gold cost Rs 71,789 (down Rs 1,070).

Ten grams of 14-carat gold cost Rs 55,995 (down Rs 835).

Trend in Prices and Year-to-Date Increases

The current price of gold is Rs 3,382 less than its peak of Rs 99,100 on April 22, 2025. Gold has increased by Rs 19,978 since the year started, even with today's correction. Gold closed at Rs 75,740 on December 31, 2024, after opening at Rs 76,045 per 10 grams.

Silver has risen by Rs 19,273 so far in 2025, reflecting this bullish sentiment. It started the year at Rs 85,680/kg and ended the same day at Rs 86,017/kg.

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In order to make wise decisions, jewellers and investors will be closely observing daily trends as long as market volatility persists.