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Business
Silver Prices Drop ₹16,503 to ₹1.94 Lakh/kg, 10g Gold at ₹4,796
✍️ Bhaskar English
🗓 24 Oct 2026, 02:16 PM
👁 14
Silver prices fell by ₹16,503 to ₹1.94 lakh per kilogram this week, while the price of a 10‑gram gold bar settled at ₹4,796.
Silver prices declined sharply this week, dropping ₹16,503 to reach ₹1.94 lakh per kilogram. The fall reflects a broader downward trend in precious metal markets.
In the same period, the price of a 10‑gram gold bar was quoted at ₹4,796, indicating a modest decline in gold prices.
Analysts attribute the dip to weaker global demand and a stronger Indian rupee, which has made imports of precious metals cheaper for domestic traders.
Investors are closely monitoring the trend, as any sustained fall could affect retail and industrial buyers alike.
The commodity exchange reported that the decline was the most significant for silver in recent weeks, while gold's movement was comparatively moderate.
In the same period, the price of a 10‑gram gold bar was quoted at ₹4,796, indicating a modest decline in gold prices.
Analysts attribute the dip to weaker global demand and a stronger Indian rupee, which has made imports of precious metals cheaper for domestic traders.
Investors are closely monitoring the trend, as any sustained fall could affect retail and industrial buyers alike.
The commodity exchange reported that the decline was the most significant for silver in recent weeks, while gold's movement was comparatively moderate.