There has been a decline in the prices of gold and silver today. From the retail market to the Multi Commodity Exchange (MCX), the prices of both the major precious metals appear to be under pressure. If you are planning to get jewelery made for investment purposes or for a wedding, then this fall can give a big relief to your budget. At present, the price of gold in the retail market has slipped by Rs 610 to Rs 1,52,790 per 10 grams. At the same time, silver is also becoming cheaper by Rs 1,040 and is being sold at Rs 2,50,560 per kg.
Big relief to customers in retail market
According to Bullions, a reduction of about 0.40 percent has been recorded in the prices of gold in the retail market today. After this fall, the price of 10 grams of gold has now become Rs 1,52,790. On the other hand, silver prices have also not disappointed the common customers. The price of one kg silver has directly decreased by Rs 1,040. This is a decline of about 0.41 percent, after which the new price of silver has been fixed at Rs 2,50,560 per kg. This softening of prices is expected to increase the activity of customers in the bullion market.
What is the condition of investors in the futures market?
Along with the retail market, an atmosphere of sluggishness has also been seen on the futures market i.e. MCX. Those who make big deals for delivery are keeping a close eye on this market movement today. If we look at the figures, gold for delivery on August 5, 2026 has declined by Rs 548 (about 0.36 percent). With this fall, gold is trading at Rs 1,52,543 in the futures market. Similarly, a decline of Rs 733 (0.31 percent) has been observed in silver for delivery on July 3, 2026, due to which its price has fallen to Rs 2,49,323.
Right opportunity to buy or will we have to wait?
This slowdown in precious metals has different meanings for market investors as well as customers. On one hand, people who have made huge investments seem to be very cautious due to this decline in the market and are taking steps cautiously. At the same time, this is no less than a wonderful opportunity for common customers. For those who were planning to buy jewelery for a long time, this can prove to be a great time to save a little money.
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