Gold and silver prices witnessed a significant decline in the bullion market on Friday morning. Around 10 AM, gold prices fell by more than Rs 1,700, while silver prices dropped by over Rs 11,000 per kilogram.

Gold Prices Fall Nearly Rs 2,000 Per 10 Grams

At around 10:38 AM, the price of 10 grams of gold was trading near Rs 1,60,000. Gold prices declined by Rs 1,978 per 10 grams, marking a fall of nearly 1.22 percent.

During the trading session, gold touched a low of Rs 1,59,946 per 10 grams and a high of Rs 1,60,992 per 10 grams.

Silver Prices Crash Over Rs 11,000 Per Kg

Silver prices also recorded a steep decline in the morning trade. Around 10:30 AM, silver was down by Rs 11,391 per kilogram. The price of 1 kilogram of silver was trading at Rs 2,79,711.

So far in the session, silver touched a low of Rs 2,79,458 per kilogram and a high of Rs 2,83,219 per kilogram.

Gold and Silver Rates in Major Cities

Patna Records Cheapest Gold and Silver Prices

Among the listed cities, Patna recorded the lowest prices for both gold and silver. Gold was priced at Rs 1,59,220 per 10 grams, while silver was available at Rs 2,73,600 per kilogram.

On the other hand, Bhopal and Indore reported the highest gold prices at Rs 1,59,850 per 10 grams. Silver prices in both cities stood at Rs 2,74,550 per kilogram.