There is a fall in the price of gold today i.e. on 16th July. According to India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has fallen by Rs 189 to Rs 1.42 lakh. At the same time, one kg silver has increased by Rs 680 to reach Rs 2.20 lakh. Gold became costlier by ₹ 9 thousand this year. There are continuous fluctuations in the price of gold and silver this year. Gold has become costlier by Rs 9 thousand so far in 2026. On December 31, 2025, 10g gold was above Rs 1.33 lakh, which has now reached Rs 1.42 lakh. At the same time, the price of silver has fallen by Rs 10 thousand. Silver was Rs 2.30 lakh per kg on December 31, 2025, which is now at Rs 2.20 lakh. During this period, on January 29, gold had made an all-time high of Rs 1.76 lakh and silver had also made an all-time high of Rs 3.86 lakh. Movement of gold and silver so far this year Note:- Gold price per 10 grams and silver price in kg. Source:- IBJA Reason for fall in gold and silver prices: Avoid lump sum investment in gold and silver. According to commodity expert Ajay Kedia, the prices of gold and silver have come down much from their high. In such a situation, investors can invest in it, although lump sum investment should be avoided. According to Ajay Kedia, by the end of the year, gold can once again go up to Rs 1.60 lakh and silver up to Rs 2.80 lakh. Keep these 2 things in mind while buying gold from jewelers 4 ways to identify real silver
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