Why did Gold price today India fall sharply?

Retail quotes adjusted after last year’s surge and softer overseas cues. Dealers cut prices, so 24K dropped about Rs 4,000 per 10 grams, while silver fell roughly Rs 3,000 per kg. City rates still vary due to purity, GST, and making charges. Always compare final invoices, not only the headline tag.

Is the silver price today likely to drop more in FY27?

Some experts see risk scenarios where silver could fall much further by FY27 due to industrial substitution and changing export flows. That said, sharp short-covering rallies can occur. If you buy, use small tranches and keep risk tight, since swings can be large in either direction.

How should I buy on dips without overpaying?

Split buys across days and compare at least two stores or platforms. Prefer transparent options like ETFs or sovereign schemes for lower spreads. For jewellery, negotiate making charges and insist on a detailed invoice. Avoid leverage if you are new to trading, as volatility can widen losses quickly.

What affects the gold rate 10 gram across Indian cities?

Purity, GST, making charges, logistics, and dealer premiums all affect local quotes. USD/INR and import costs can change retail rates even when global prices are flat. Check live dealer quotes at peak hours and confirm the hallmark before buying. Keep invoices for any resale or exchange.

Global Market Insights

Gold & Silver Today, January 5: India Prices Drop; Deeper Risk Seen

ByHuzaifa Zahoor January 5, 2026January 5, 2026

Gold price today India fell as retail quotes eased after 2025’s surge. Across key cities, 24K gold dropped about Rs 4,000 per 10 grams, while silver turned cheaper by roughly Rs 3,000 per kg. Dip buyers emerged, but experts flag larger downside risks for silver into FY27. We break down what changed, why it matters, and how to approach the gold rate 10 gram and silver price today with clear, India-focused steps for different time horizons.