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Gold and Silver Prices Drop After Diwali in India

  • Shivani 
  • Utility
1 min read
Gold and Silver Prices Drop After Diwali in IndiaSaralnama

Gold prices fell ₹5,677 from their all-time high to ₹1,23,907 per 10 grams of 24-carat gold. Silver dropped ₹25,599 from its record high to ₹1,52,501 per kg. Today, gold decreased by ₹3,726 and silver by ₹10,549. Despite recent drops, gold has risen ₹47,745 and silver ₹66,484 this year., gold was ₹76,162 per 10g and silver ₹86,017 per kg. When buying gold, look for BIS hallmark certification and cross-check prices from reliable sources. In 1980, silver prices crashed due to the Hunt brothers' market manipulation, rising from $2 to $48 per ounce before collapsing. (Updated 23 Oct 2025, 01:33 IST; source: link)

Key Points

  • Gold prices fell ₹5,677 from their all-time high to ₹1,23,907 per 10 grams of 24-carat gold on 22 Oct
  • Silver dropped ₹25,599 from its record high to ₹1,52,501 per kg
  • Today, gold decreased by ₹3,726 and silver by ₹10,549