Gold Price Drop Today: Gold Falls ₹1,232, Silver Crashes ₹12,000 - Check Latest Rates
Gold and silver prices witnessed a sharp decline today, offering potential relief to buyers tracking precious metal trends. On January 8, both metals corrected significantly after touching recent highs. As per the India Bullion and Jewellers Association (IBJA), gold prices dropped by ₹1,232 per 10 grams, while silver recorded a massive fall of over ₹12,000 per kilogram. Here’s a detailed look at today’s gold and silver prices in India, including GST rates and purity-wise updates.
Gold Price Down Today in India
Gold prices have shown high volatility in recent sessions, moving sharply in both directions. On Thursday, 24-carat gold witnessed a notable fall.
This decline comes after gold closed at elevated levels on Wednesday, prompting experts to advise buyers to closely monitor daily gold rates before making a purchase.
Silver prices saw an even steeper correction, marking one of the biggest single-day drops in recent times.
Interestingly, silver had closed at an all-time high just a day earlier, making today’s fall particularly significant for investors and jewellery buyers.
Latest Gold Rates Today by Purity
According to IBJA data, gold prices declined across all purity levels. Making charges are not included in the rates mentioned below.
23-Carat Gold Price Today
22-Carat Gold Rate Today
18-Carat Gold Price Today
14-Carat Gold Rate Today
With gold and silver prices correcting after recent highs, market watchers suggest this could be a short-term opportunity for buyers. However, given the frequent fluctuations in bullion rates, it is advisable to track live gold prices today in India and factor in making charges before finalising any purchase.
Today’s fall in gold and silver prices has brought some breathing space to the bullion market. While gold slipped by ₹1,232 per 10 grams, silver plunged by over ₹12,000 per kg, making headlines among investors and jewellery buyers alike. As prices remain volatile, staying updated with the latest bullion rates is key to making informed decisions.
Gold Price Down Today in India
Gold prices have shown high volatility in recent sessions, moving sharply in both directions. On Thursday, 24-carat gold witnessed a notable fall.
- 24-carat gold price today : ₹1,35,443 per 10 grams (without GST)
- Previous close: ₹1,36,675 per 10 grams
- Price including GST: ₹1,39,506 per 10 grams
This decline comes after gold closed at elevated levels on Wednesday, prompting experts to advise buyers to closely monitor daily gold rates before making a purchase.
Silver Price Falls Sharply by ₹12,225
Silver prices saw an even steeper correction, marking one of the biggest single-day drops in recent times.
- Silver price today: ₹2,35,775 per kg (without GST)
- Previous close: ₹2,48,000 per kg
- Silver price with GST: ₹2,42,848 per kg
Interestingly, silver had closed at an all-time high just a day earlier, making today’s fall particularly significant for investors and jewellery buyers.
Latest Gold Rates Today by Purity
According to IBJA data, gold prices declined across all purity levels. Making charges are not included in the rates mentioned below.
23-Carat Gold Price Today
- ₹1,34,901 per 10 grams (down ₹1,227)
- ₹1,38,948 per 10 grams including GST
22-Carat Gold Rate Today
- ₹1,24,066 per 10 grams (down ₹1,128)
- ₹1,27,787 per 10 grams including GST
18-Carat Gold Price Today
- ₹1,01,582 per 10 grams (down ₹924)
- ₹1,04,629 per 10 grams including GST
14-Carat Gold Rate Today
- ₹79,234 per 10 grams (down ₹721)
- ₹81,611 per 10 grams including GST
Should You Buy Gold After Today’s Price Drop?
With gold and silver prices correcting after recent highs, market watchers suggest this could be a short-term opportunity for buyers. However, given the frequent fluctuations in bullion rates, it is advisable to track live gold prices today in India and factor in making charges before finalising any purchase.
Today’s fall in gold and silver prices has brought some breathing space to the bullion market. While gold slipped by ₹1,232 per 10 grams, silver plunged by over ₹12,000 per kg, making headlines among investors and jewellery buyers alike. As prices remain volatile, staying updated with the latest bullion rates is key to making informed decisions.
Next Story