Gold and silver prices declined this week:Silver fell ₹13,468/kg to ₹2.20 lakh/kg; 10 grams of gold became ₹2,976/10 gm cheaper

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 2,976 rupees to 1.43 lakh rupees. Earlier, it was at 1.46 lakh rupees last week, i.e., on July 4. Meanwhile, silver has come down from 2.34 lakh rupees per kg to 2.20 lakh rupees. This means its price decreased by 13,468 rupees. Earlier, last month, i.e., in June, there was a decline in gold and silver. Last month, gold became cheaper by 15 thousand and silver by 38 thousand rupees. Gold prices according to carat Gold prices in major cities of the country Source: goodreturns 11 July 2026 Silver fell by 1.66 lakh rupees this year This year, the prices of gold and silver have been witnessing continuous fluctuations. On December 31, 2025, the price of gold was ?1.33 lakh, which increased to reach its highest level of ?1.76 lakh on January 29. Since then, gold has become cheaper by ?33 thousand. Meanwhile, the price of silver was ?2.30 lakh on December 31, 2025, which reached ?3.86 lakh on January 29. This was the highest price of silver till date. Since then, in 163 days, silver has become cheaper by ?1.66 lakh. Gold cheaper by ?33 thousand and silver by ?1.66 lakh in 163 days Note:- Gold price per 10 grams and silver price per kg | Source:- IBJA Reason for decline in gold-silver prices Keep these 2 things in mind when buying gold from jewellers 4 Ways to Identify Real Silver