India’s bullion market has seen a sharp shift this week. While gold prices have cooled off significantly, silver has moved in the opposite direction, recording a strong surge. Here’s a complete breakdown of the latest rates, weekly trend, and what’s driving the change.

Gold prices have declined notably over the past 7 days:

• 24 Carat Gold: Down by ₹2,960 per 10 grams
• 22 Carat Gold: Down by ₹2,850 per 10 grams

• Delhi:
  • 24K: ₹1,51,230 / 10g
  • 22K: ₹1,38,500 / 10g
• Mumbai & Kolkata:
  • 24K: ₹1,50,930 / 10g
  • 22K: ₹1,38,350 / 10g
• Chennai:
  • 24K: ₹1,52,730 / 10g
  • 22K: ₹1,40,000 / 10g
• Bengaluru & Pune:
  • 24K: ₹1,50,930 / 10g
  • 22K: ₹1,38,350 / 10g

👉 The recent dip comes after a short rally, showing how volatile gold has become in the current global scenario.

Unlike gold, silver prices have surged:

• Weekly Gain: ₹5,000 per kg
• Current Price: ₹2,65,000 per kg (approx)

Just days ago, silver had corrected sharply, but it has now bounced back strongly—indicating high volatility in the metal.

Both metals are heavily influenced by international trends:

• Spot Gold: ~$4,627 per ounce
• Spot Silver: ~$75.91 per ounce

Global uncertainty, especially geopolitical tensions and fluctuations in crude oil and currency markets, continue to impact bullion prices in India.

Here’s the key difference:

• Gold:
  • Profit booking after recent highs
  • Short-term correction phase
• Silver:
  • Industrial demand boost
  • Strong recovery after previous dip

Market experts believe:

• Gold may remain volatile in the short term
• Long-term outlook still positive due to central bank buying
• Silver could see further movement depending on global demand trends

• Gold has become cheaper this week, offering a potential buying opportunity
• Silver is gaining momentum, reflecting strong demand and recovery

👉 If you’re planning to invest, it’s important to track both global cues and domestic trends before making a decision.