Gold prices continued their downward trend on Monday, July 14, while silver witnessed a modest recovery. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold declined by ₹476, taking the rate of 10 grams to around ₹1.42 lakh. Meanwhile, silver gained ₹849, with the price of 1 kilogram rising to ₹2.19 lakh.
Despite today's uptick, silver remains significantly below its all-time high, while gold has also corrected sharply from its record peak.
Gold and Silver Prices Today
According to IBJA:
24-Carat Gold (10 grams): Down ₹476 to around ₹1.42 lakh
Silver (1 kg): Up ₹849 to ₹2.19 lakh
Bullion prices continue to fluctuate amid global economic developments and changing investor sentiment.
Silver Still ₹1.66 Lakh Below Record High
Both precious metals have witnessed sharp volatility in 2026.
Gold Performance
December 31, 2025: ₹1.33 lakh per 10 grams
Record High (January 29, 2026): ₹1.76 lakh
Current Price: Around ₹1.42 lakh
Gold has corrected by nearly ₹34,000 from its all-time high.
Silver Performance
December 31, 2025: ₹2.30 lakh per kg
Record High (January 29, 2026): ₹3.86 lakh per kg
Current Price: ₹2.19 lakh per kg
Silver remains approximately ₹1.66 lakh below its lifetime high recorded nearly 166 days ago.
Why Are Gold and Silver Prices Falling?
Market experts attribute the recent correction to several global factors.
1. Strong US Dollar
The US Dollar Index has strengthened following signals from the US Federal Reserve, making gold and silver more expensive for overseas buyers. A stronger dollar generally puts downward pressure on precious metal prices.
2. Profit Booking
After gold and silver touched record highs earlier this year, many institutional investors and traders booked profits, resulting in a correction in bullion prices.
Should Investors Buy Gold Now?
Commodity market expert Ajay Kedia believes the recent correction has created investment opportunities for long-term investors.
However, he advises against making lump-sum investments.
Instead, investors may consider investing gradually through staggered purchases or systematic investment strategies to reduce market risk.
According to Kedia's outlook:
Gold could rise to around ₹1.60 lakh per 10 grams by the end of the year.
Silver may climb to nearly ₹2.80 lakh per kilogram if market conditions remain supportive.
Investment Strategy
Experts recommend:
Avoid investing a large amount at one time.
Accumulate gradually during price corrections.
Track global interest rates and US dollar movements.
Invest based on long-term financial goals rather than short-term price swings.
India vs England Hockey World Cup: Team India Eyes Historic Win After 32 Years, Match at 6:30 PM
India vs England Hockey World Cup 2026: The Indian men's hockey team will face England in a cruci
Flipkart Freedom Sale 2026: Smartphones at Massive Discounts, Check Prices and Best Offers
Flipkart Freedom Day Sale 2026 is just around the corner, and shoppers looking for a new smartpho
Upcoming IPOs Next Week: SBI Funds, Alpine and One More Issue to Open; GMP Soars Up to ₹390
The primary market is set for another busy week as three new Initial Public Offerings (IPOs) are
There is welcome news for crores of salaried employees across India. The Employees' Provident Fun
Vivo S2 Launched in India With 50MP Sony Camera, 3D Curved AMOLED Display and AI Features
Vivo has brought its popular S Series back to India with the launch of the new Vivo S2. The smart
NSE New Rule From Monday: Share Buying and Selling Gets Easier; Know What Changes for Investors
NSE Clearing is introducing a new short-tenure contract series under its Securities Lending and B
Gold Price Today: Gold Jumps ₹1,440 to ₹1.51 Lakh; Silver Rises ₹1,909 to ₹2.33 Lakh
Gold and silver prices surged on August 10, with both precious metals extending their recent gain
Vivo T5 Pro 5G Price Hiked Again: 9,020mAh Battery, Snapdragon 7s Gen 4 and 144Hz AMOLED Display
Vivo has reportedly increased the price of all RAM and storage variants of its T5 Pro 5G smartpho
Apple has reclaimed the title of the world's most valuable publicly traded company, overtaking AI
The FIFA World Cup 2026 is not only delivering unforgettable football matches but also showcasing
