Gold and Silver Prices See Sharp Decline

MySandesh
2 Min Read

Gold and silver prices have dropped significantly over the past month, causing concern for investors.

Between March 5 and April 5, 2026, gold prices fell by ₹26,293 per 10 grams.

This decline is largely attributed to global instability and the ongoing war, which has impacted investor sentiment.

On March 5, gold was priced at ₹160,586 per 10 grams, but by April 2, it had fallen to ₹146,608.

Silver also saw a similar decline, dropping from ₹264,212 per kilogram to ₹227,813, a fall of ₹36,393.

Current Gold and Silver Rates

Due to holidays, updated prices for Friday, Saturday, and Sunday were not announced. As of April 2:

24-carat gold: ₹145,507 per 10 grams

23-carat gold: ₹144,924 per 10 grams

22-carat gold: ₹133,282 per 10 grams

18-carat gold: ₹109,130 per 10 grams

14-carat gold: ₹85,122 per 10 grams

Silver: ₹224,660 per kilogram

Why Are Prices Falling?

The drop in gold prices is linked to global instability and the war, which has disrupted crude oil supplies and pushed international oil prices above $100 per barrel.

This increase raises fears of higher inflation, prompting central banks to consider raising interest rates.

Additionally, the strengthening US dollar has drawn investors away from gold, as many are now turning to the dollar for safety.

This version is short, clear, and easy to digest for website readers, highlighting key numbers, current rates, and reasons for the decline.

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