📷 Image: Wikimedia Commons / Ibex73
Business
Gold Drops ₹920 to ₹1.47 Lakh/10g; Silver Falls ₹3,176/kg
✍️ Bhaskar English
🗓 06 Oct 2026, 03:48 PM
👁 13
Precious metal prices saw a significant decline, with gold falling by ₹920 to reach ₹1.47 lakh per 10 grams, while silver dropped by ₹3,176 per kilogram.
The market for precious metals witnessed a notable correction in prices, with gold rates dipping significantly. According to recent data, the price of gold has fallen by ₹920, bringing the rate down to ₹1.47 lakh per 10 grams. This decline offers a temporary relief to buyers who have been watching the high valuations of the yellow metal.
Simultaneously, silver prices also experienced a sharp drop. The cost of one kilogram of silver decreased by ₹3,176, reflecting a broader trend of price adjustments in the bullion market. Such fluctuations are common in the commodity sector, influenced by various global and domestic economic factors.
Traders and investors are closely monitoring these changes, as the movement in gold and silver rates often impacts related industries and consumer purchasing decisions. The current dip provides an opportunity for those planning to purchase these metals for personal use or investment purposes.
Simultaneously, silver prices also experienced a sharp drop. The cost of one kilogram of silver decreased by ₹3,176, reflecting a broader trend of price adjustments in the bullion market. Such fluctuations are common in the commodity sector, influenced by various global and domestic economic factors.
Traders and investors are closely monitoring these changes, as the movement in gold and silver rates often impacts related industries and consumer purchasing decisions. The current dip provides an opportunity for those planning to purchase these metals for personal use or investment purposes.