Gold prices dropped by ₹1000 per 10 gram of the yellow metal ,while the silver rates in major cities remained the same, according to Goodreturns website. Last week, gold and silver prices showed a small hike, before seeing a major decline.

The prices of gold dropped on January 12, 2024, with the rate of one gram of 24K and 22K gold fixed at ₹6298 and ₹5775 respectively on Monday. Silver prices in Delhi and other cities remained the same at ₹76 per gram.

For one gram of 24K of the yellow metal, on the other hand, buyers must pay ₹6298 (one gram), ₹50,384 (eight gram), ₹62,980 (10 gram) and ₹6,29,800 (100 gram). Here are the city-wise rates for gold today.

Gold prices on January 12: Check city-wise rates

It must be noted, however, that the daily rates mentioned above do not take into account GST, TCS, and other levies; this, therefore, means that these are only indicative. Only a local jeweller can give you the exact price for that day.

Silver prices on January 12: Check city-wise rates

After gold prices saw a steep decline of ₹1000, the silver prices in Delhi and all the major cities remained unchanged on Friday. Silver prices today were fixed at ₹76 per gram, same as yesterday