Gold prices in India saw a second consecutive day of decline on Wednesday, while silver rebounded sharply following a period of heavy losses.

The price of 24-carat gold dropped by 380 rupees to 142,910 rupees per 10 grams, according to data from GoodReturns. The correction follows a week of volatility influenced by a strengthening U.S. dollar and shifting geopolitical conditions.

In contrast, silver prices surged by 5,000 rupees to reach 235,000 rupees per kilogram. The jump represents a significant recovery for the industrial metal, which had struggled earlier in the month.

Asset TypePrice (Today)Change
24K Gold (10g)₹1,42,910- ₹380
22K Gold (10g)₹1,31,000- ₹350
Silver (1kg)₹2,35,000+ ₹5,000

Market analysts noted that while gold continues to face downward pressure from international currency trends, silver’s recovery was driven by renewed domestic demand.

Price variations remained visible across major Indian metros due to local taxes and transportation costs.

City24K Gold (10g)Silver (1kg)
Chennai₹1,44,560₹2,50,000
Mumbai₹1,42,910₹2,35,000
Delhi₹1,43,060₹2,35,000
Kolkata₹1,42,910₹2,35,000
Bangalore₹1,42,910₹2,35,000
Hyderabad₹1,42,910₹2,50,000
Kochi₹1,42,910₹2,50,000
Pune₹1,42,910₹2,35,000
Vadodara₹1,42,960₹2,35,000
Ahmedabad₹1,42,960₹2,35,000

The reported rates are indicative and do not include Value Added Tax (VAT), Goods and Services Tax (GST), or making charges levied by individual jewellers.