Gold falls below Rs 1.36 lakh per 10 grams for first time in seven months; silver also cheaper

Buyers of gold and silver in the wedding and festival season have some relief, as prices have kept falling for the past few days. Gold has now dropped below Rs 1.36 lakh per 10 grams, for the first time in about seven months. Earlier, on March 23, 2026, the price was recorded at Rs 1,35,141.

According to official figures from the Indian Bullion and Jewellers Association (IBJA), the price of 24-carat gold fell by Rs 1,808 to Rs 1,35,884 per 10 grams. A day earlier it was around Rs 1.38 lakh. On January 8, 2026, gold was priced at Rs 1,35,773. IBJA puts the 24-carat rate on Saturday, November 14, at Rs 1,35,809 per 10 grams.

Silver has also seen a sharp fall. A kilogram of silver became cheaper by Rs 3,540 and came down to Rs 1.77 lakh, against Rs 1.81 lakh on Thursday. According to IBJA, silver on Saturday, November 14, is at Rs 1,78,000 per kg.

On November 10, gold was at Rs 1.42 lakh per 10 grams and silver at Rs 1.86 lakh per kg. In just the last three days, gold has thus fallen by a total of Rs 6,536 and silver by Rs 8,500.

Experts cite two main reasons for the decline. First, the US dollar has strengthened in the international market. Second, big investors have sold to book profits at high prices. The continuing fall has given ordinary buyers a good chance to buy gold.

According to IBJA, gold rates per 10 grams on Saturday by carat were: 24-carat Rs 135,809, 22-carat Rs 135,265, 20-carat Rs 124,401, 18-carat Rs 101,857 and 14-carat Rs 79,448.

Across Mumbai, Thane, Ratnagiri, Pune, Nagpur, Kolhapur, Chhatrapati Sambhajinagar, Jalgaon, Sangli and Baramati, gold was priced at Rs 135,809 per 10 grams.