Gold and Silver Prices Drop Sharply: Major Fall in 24K Rates Today
Latest Gold Prices Fall: Check Out 24K, 22K, and 18K Rates Across India.
Giant Fall in Gold and Silver Prices on April 28, 2025.
An unanticipated turn of events has occurred for all bullion investors as gold and silver prices plunged sharply on April 28, 2025: Gold plunged by an unsparing price reduction to ₹95,000 per 10 grams whereas silver at major Indian cities dropped to ₹96,000 per kilogram. The fall after the steady gain over the weeks has created renewed interest among buyers and traders.
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24-Carat Gold Dipping Below ₹95,500 – Latest Updates from Market
As per the latest information from the India Bullion and Jewellers Association (IBJA) price of 24 carat gold having 999 purity is now at ₹95,420 per 10 grams. Compared to ₹95,631 the last recorded rate on Friday night gold is down by ₹211 overnight. This sudden drop is indicative of the ongoing changes in the global economy and the reserved nature of the market at the moment.
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995, 916, and 750 Purity Gold Rates Plummet
The fall isn’t just for 24K gold. Now at ₹95,038 for 10 grams 995 pure gold has become ₹210 less expensive. The price at present for 10 grams of 22 karat (916 purity) gold is ₹87,405, which is down by ₹193. Yes even 18-carat (750 purity) gold has nosedived into trading at ₹71,565 per 10 grams. Buyers scouting for lighter ornaments may also note that this 14K (585 purity) gold is now going for £55,821 per 10 grams down £123.
Silver Dips at ₹1,671 – New Rates Today
Silver followed suit like the rest and has fallen to ₹96,013 per kilogram today. This shows the change of ₹1,671 less than the last rate and indicates an overall weakening of the precious metals market forcing several to rethink their strategy of investment.
Gold at its Peak today : Unbelievable Price See rates in your city
GST Effect and Final Costs for Jewelleries: Just Remember This
While IBJA rates quote the average from across the nation, buyers should remember that these prices do not include GST. In buying a jewellery, GST will be applied separately to making charges and gold rates. The net amount at retail outlets will be higher.
Will the Decline in Gold and Silver Endure?
According to experts, now it is vital to watch closely because gold and silver prices are dropping to new lows for the market. With all the uncertainties from abroad and increases in local festive demand , today’s fall might be a short lived chance to snatch for smart buyers.
