Gold, Silver prices drop sharply today; Buyers get a golden opportunity

Gold and silver prices witnessed a sharp decline on November 24, giving buyers an attractive opportunity during the wedding season. According to the Indian Bullion and Jewellers Association (IBJA), 24-carat gold fell to ₹1,23,146 per 10 grams, while silver dropped to ₹1,51,129 per kilogram.

Post Published By: Sona Saini

Updated : 24 November 2025, 10:54 AM IST

Gold and Silver Rates Fall, Wedding Season Shoppers Rejoice

New Delhi: Gold and silver prices are constantly fluctuating across the country. On Monday, the Indian Bullion and Jewelers Association (IBJA) released the latest gold and silver rates. According to the data, both metals have seen a decline. This decline is good news for consumers during the wedding and festival season, while investors are advised to remain cautious.

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Gold and Silver Rates According to IBJA

According to IBJA data, gold prices on Monday morning were as follows:

24-carat gold – ₹1,23,146 per 10 grams

23-carat gold – ₹1,22,653 per 10 grams

22-carat gold – ₹1,12,802 per 10 grams

18-carat gold – ₹92,360 per 10 grams

14-carat gold – ₹72,040 per 10 grams

Silver (999 purity) fell to ₹1,51,129 per kilogram.

Prices also fell in Delhi

According to the All India Sarafa Association, gold and silver prices in Delhi also saw a sharp decline.

Gold fell by ₹600 to ₹1,26,100 per 10 grams.

99.5% pure gold also fell by ₹600 to ₹1,25,500 per 10 grams.

Silver prices fell by ₹2,000 to ₹1,56,000 per kilogram.

Weakness was also seen in the international market, where spot gold traded down by 0.38% and silver futures by 2.13%.

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Gold and silver also weaken on MCX

Gold and silver futures on the Multi Commodity Exchange (MCX) also continued to decline:

Gold (December contract) fell by ₹355 to close at ₹1,22,372 per 10 grams.

Silver (December contract) fell by a massive ₹2,111 to close at ₹1,52,040 per kilogram.

Experts say that weak global market sentiment and a strong dollar are impacting gold and silver prices. This could be a profitable time for buyers, but investors are advised to be cautious about fluctuations.

Opportunity for customers

The decline in gold and silver prices during the wedding and festival season presents a golden opportunity for customers to buy. This time is considered particularly beneficial for jewelry and investments.

If you wish, I can also create a highlighted list of rates along with an accurate table so readers can easily view the prices.