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India Bullion and Jewellers Association Data Shows Gold Down ₹1,200, Silver Slumps Over ₹3,400
Gold Silver Price Crash: Gold and silver prices fell sharply this week, making gold cheaper by ₹1,000 and silver by over ₹3,000. The price drop was due to international instability and the Fed's hawkish comments, bringing relief to investors.
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“India Bullion and Jewellers Association Data Shows Gold Down ₹1,200, Silver Slumps Over ₹3,400”
Read more onwww.sangritoday.com/s/14269c
2 May 2026
This week saw the fall in prices of both gold and silver; they became cheaper by over ₹1,000 and ₹3,000 per ounce.
As per information given by the IBJA, the cost of 24 carats gold decreased by ₹1,216 per 10 grams in this week and stands at ₹1,50,263 per 10 grams (from ₹1,51,479).
The cost of 22 carats gold became ₹1,37,641 per 10 grams (from ₹1,38,755). The cost of 18-carat gold became ₹1,12,697 per 10 grams (from ₹1,13,609).
