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    Home » News » Significant Drop in Gold and Silver Prices: Weekly Overview of the Bullion Market
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    Significant Drop in Gold and Silver Prices: Weekly Overview of the Bullion Market

    By Virat VermaNovember 16, 2024
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    Significant Drop in Gold and Silver Prices: Weekly Overview of the Bullion Market

    Good news for gold and silver buyers! There has been a decline in the weekly prices of gold and silver. This business week, gold prices have fallen by ₹3,101 per 10 grams, while silver prices have decreased by ₹3,756 per kilogram. According to the India Bullion and Jewelers Association (IBJA) website, at the start of this business week (from November 11 to 14), the rate of 24-carat gold was ₹76,840 per 10 grams, which dropped to ₹73,739 per 10 grams by Thursday. Similarly, the price of 999-purity silver fell from ₹90,859 to ₹87,103 per kilogram.

    It is worth noting that the prices issued by IBJA provide information about the standard rates of gold with different purities. All these rates are before taxes and making charges. The prices released by IBJA are widely accepted across the country, but they do not include GST.

    Change in Gold Rates Over the Past Week

    • November 11, 2024 – ₹76,840 per 10 grams
    • November 12, 2024 – ₹58,933 per 10 grams
    • November 13, 2024 – ₹58,454 per 10 grams
    • November 14, 2024 – ₹73,739 per 10 grams
    • November 15, 2024 – Market Holiday

    Also Read- RBI Quietly Brings Home 102 Tonnes of Gold This Dhanteras – Here’s the Reason Behind It

    Change in Silver Rates Over the Past Week

    • November 11, 2024 – ₹73,015 per kilogram
    • November 12, 2024 – ₹71,557 per kilogram
    • November 13, 2024 – ₹70,930 per kilogram
    • November 14, 2024 – ₹70,432 per kilogram
    • November 15, 2024 – Market Holiday

    Easy Way to Check Gold Prices via Missed Call

    You can easily check these rates from home by giving a missed call to this number: 8955664433. You will receive a message on your phone with the latest rates.

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