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Gold and Silver Prices Drop Massively in Bullion Market
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News18•18-10-2026, 08:51
Gold and Silver Prices Drop Massively in Bullion Market
- •Big and comforting news has emerged for customers purchasing gold and silver jewelry in the domestic bullion market.
- •Over the past week, the price of 24-carat gold dropped by up to 3,760 rupees per 10 grams, while 22-carat gold became cheaper by up to 3,450 rupees.
- •A record crash was witnessed in silver prices, with silver plunging by a massive 10,000 rupees in a single week to 2,30,000 rupees per kilogram.
- •In Delhi, the price of 24-carat gold is at 1,47,810 rupees per 10 grams, while 22-carat gold is priced at 1,35,500 rupees.
- •Domestic gold and silver prices largely depend on international market trends as well as local factors.
Key Questions Answered
Over the past week, 24-carat gold dropped by up to ₹3,760 per 10 grams while 22-carat gold fell by up to ₹3,450. Additionally, silver prices experienced a massive crash, plunging by ₹10,000 in a week to reach ₹2,30,000 per kilogram by October 18.
In Delhi, 24-carat gold is priced at ₹1,47,810 per 10 grams and 22-carat gold is at ₹1,35,500. In Mumbai, 24-carat gold is priced at ₹1,47,660 per 10 grams and 22-carat gold stands at ₹1,35,350.
In the international market, spot gold has reached $4,165.12 per ounce with global prices falling by 0.7 percent over the week, while spot silver is trading at $57.05 per ounce.
