Gold prices dip; silver falls by ₹2,200/kg

Gold prices saw a significant correction on Friday, falling by ₹570 to ₹620 per 10 grams after hitting record highs on Thursday. Similarly, silver dropped by ₹2,200 per kilogram, bringing its price down to ₹1,01,900 per kg in Delhi’s bullion market. This dip places 24-carat gold prices below ₹80,000 in many cities, ranging from ₹79,610 to ₹79,460 per 10 grams, while 22-carat gold prices now fall under ₹73,000, trading between ₹72,990 and ₹72,840 per 10 grams.

In Delhi, 24-carat gold is priced at ₹79,610 per 10 grams, with 22-carat gold at ₹72,990. Mumbai also reflects this downward trend, with 24-carat gold selling at ₹79,460 and 22-carat at ₹72,840 per 10 grams.

Similarly, in Ahmedabad, 24-carat gold stands at ₹79,510 per 10 grams, and 22-carat gold at ₹72,890.

Chennai and Kolkata show comparable pricing, with 24-carat gold trading at ₹79,460 per 10 grams and 22-carat gold at ₹72,840. This consistent trend across major cities signals a wider correction in the bullion market after the recent highs. The recent fluctuations align with global market adjustments, affecting both retail and investment buyers across the country.