Gold and Silver Prices Decline for Third Consecutive Day in India

Ganpat Singh Chouhan

New Delhi, January 28: The domestic bullion market continues to witness a downward trend for the third consecutive day, as the prices of both gold and silver have dipped significantly. 24-carat gold is trading between ₹82,240 and ₹82,390 per 10 grams across most major cities, while 22-carat gold is priced between ₹75,390 and ₹75,540 per 10 grams. Meanwhile, the price of silver has dropped by ₹1,000 per kilogram, with Delhi’s bullion market recording it at ₹96,400 per kilogram.

Gold and Silver Prices in Major Cities

Delhi:

24-carat gold: ₹82,390 per 10 grams
22-carat gold: ₹75,540 per 10 grams

Mumbai:

24-carat gold: ₹82,240 per 10 grams
22-carat gold: ₹75,390 per 10 grams

Ahmedabad:

24-carat gold: ₹82,290 per 10 grams
22-carat gold: ₹75,440 per 10 grams

Chennai:

24-carat gold: ₹82,240 per 10 grams
22-carat gold: ₹75,390 per 10 grams

Kolkata:

24-carat gold: ₹82,240 per 10 grams
22-carat gold: ₹75,390 per 10 grams

Lucknow:

24-carat gold: ₹82,390 per 10 grams
22-carat gold: ₹75,540 per 10 grams

Patna:

24-carat gold: ₹82,290 per 10 grams
22-carat gold: ₹75,440 per 10 grams

Jaipur:

24-carat gold: ₹82,390 per 10 grams
22-carat gold: ₹75,540 per 10 grams

Gold Prices in Southern Cities

In Bengaluru, Hyderabad, and Bhubaneswar, the prices reflect the national trend:

24-carat gold: ₹82,240 per 10 grams
22-carat gold: ₹75,390 per 10 grams

Market Trends and Analysis

The decline in gold and silver prices comes as part of a global trend driven by fluctuating demand and supply dynamics. While gold remains a popular investment choice, this dip provides an opportunity for buyers looking to purchase gold and silver at a lower cost.

Industry experts believe the ongoing price decline might stabilize soon, depending on international gold rates and currency fluctuations.

Gold and Silver Prices Decline for Third Consecutive Day in India

Author Profile

Ganpat Singh Chouhan: My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.