Gold and silver prices declined this week. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold fell by ₹2,830 to ₹1.45 lakh. Earlier, it was at ₹1.48 lakh last week, i.e., on June 13. Meanwhile, silver rates have dropped from ₹2.43 lakh per kg to ₹2.32 lakh. This means its price decreased by ₹10,609. Gold down ₹31,000 from all-time high This year, gold and silver prices have been witnessing continuous fluctuations. On December 31, 2025, gold prices were at ₹1.33 lakh, which increased to reach the highest level of ₹1.76 lakh on January 29. Since then, gold has become cheaper by ₹31,000. Meanwhile, the price of silver was ₹2.30 lakh on December 31, 2025, which reached an all-time high of ₹3.86 lakh on January 29. Since then, in 142 days, silver has become cheaper by ₹1.54 lakh. Reasons for the decline in gold and silver prices Post navigation ‘Right to walk on demarcated footpath is fundamental right’:SC says drivers ignore pedestrians’ difficulties, officials will face action for violations Is Trump planning govt change in Havana?:US Prez says ‘Cuba op could mirror Venezuela triumph’, eyes ‘property nice shoreline’