Gold Price Drop: Gold and silver prices are fluctuating daily. Gold rates are changing every day. If you are considering buying gold, please note that gold prices declined slightly on January 7th. According to the India Bullion and Jewellers Association (IBJA), silver increased by ₹2,894 to ₹2,46,044 per kg. Previously, it was at ₹2,43,150. Meanwhile, the price of 10 grams of 24-karat gold decreased by ₹45 to ₹1,36,615. It was previously at ₹1,36,660. Gold had reached an all-time high of ₹1,38,161 on December 29, 2025.

Silver, including GST, is now at ₹253,425 per kg. The rate of 24-karat gold, including GST, is now ₹140,713 per 10 grams. On Tuesday, silver closed at ₹233,150 without GST. Similarly, gold closed at ₹136,660 per 10 grams without GST. So, let’s find out what the price of 22-karat and 18-karat gold is today.

Gold Prices by Karat

According to the India Bullion and Jewellers Association (IBJA), 23-karat gold opened at ₹136,068 per 10 grams, down ₹44. With GST, its price is now ₹140,150. This does not include making charges. Additionally, 22-karat gold became ₹42 cheaper, reaching ₹125,139 per 10 grams. With GST, it is ₹128,893. This also does not include making charges. Meanwhile, the price of 18-karat gold decreased by ₹34. Today, it opened at Rs 102,461 per 10 grams, and with GST, its price reached Rs 105,534 per 10 grams. The rate for 14-karat gold, after falling by Rs 26, opened at Rs 79,920 and, including GST, stands at Rs 82,317.

Three main reasons for the rise in gold prices:
The US interest rate cut has weakened the dollar and reduced the holding cost of gold.
Geopolitical factors – The Russia-Ukraine war and rising global tensions are prompting investors to buy gold, as they view it as the safest investment.
Central Banks – Countries like China are accumulating gold in their central bank reserves, buying more than 900 tons this year.