Gold-Silver Rate Update: Silver Prices Fall, Check Latest Gold Rates

In the past few days, there was a strong surge in gold and silver rates (Gold-Silver Rate). However, today a significant drop in silver prices was observed. The increase in gold prices continues today as well.

Published on:

17 Oct 2025, 4:59 am

In Brief

A surge in gold and silver prices has been ongoing for the past few days
A significant drop in silver prices is ongoing today
There was also a drop in Silver ETFs.

In the past few days, there was a strong surge in the prices of gold and silver. However, today a significant drop in silver prices was observed. The increase in gold prices continues today as well. Information about the significant drop in silver prices can be seen on the website of the India Bullion Jewelers Association. According to the IBJA rates at 5 PM on October 16, the price of 1 kg of silver is 168,083 rupees. The price of silver per kilo was 170,850 rupees this morning. On October 15, the price of 1 kg of silver was 176,467 rupees. This means there was a drop of 2,800 rupees in silver prices compared to this morning. There has been a drop of 8,400 rupees in silver prices.

According to the IBJA rates, there has been a significant drop in the price of silver. In the bullion market, the peak price of silver had reached 176,467 rupees. A rise in the price of gold is also observed today. The price per tola of 24-carat gold, including GST, is 127,471 rupees. Meanwhile, the price per tola of 22-carat gold is 126,961 rupees. The price per tola of 18-carat gold is 95,603 rupees.

There was an increase in silver prices on the Multi Commodity Exchange. With an increase of 1700 rupees, the price of silver at 6 PM is 163,900 rupees per kilogram. Considering gold, the price of gold for the December 5 contract is 128,184 rupees. The increase in the price of gold is 1000 rupees. A decline was also observed in Silver ETFs in the stock market. Silver ETFs fell by 6 to 10 percent. Silverbees fell by 6.73 percent. HDFC Silver ETF saw a 7 percent decline. Grow Silver ETF saw a 10 percent decline.

After news of a silver shortage in the stock market, silver prices fell. The decline accelerated after reports that Mumbai's Zaveri Bazaar had stopped accepting new silver orders. It has been reported that the demand for silver in the industrial world has increased, and due to speculative investment demand, there has been a decline in silver prices.