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Gold Price Today: Gold and silver prices fell amid Bihar election results, became so cheap today

Gold Price Today: Gold and silver prices fell amid Bihar election results, became so cheap today
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Gold-Silver Price Today: The prices of gold and silver have declined in the Indian bullion market on Friday (November 14) due to Bihar Assembly election results. The price of 1 kg silver has come down to Rs 1.60 lakh. At the same time, the price of 24 carat gold has also fallen by more than Rs 1700.

According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has been recorded at Rs 1,24,794, which had closed at Rs 1,26,554 per 10 grams on Thursday, the previous trading day. In the last 24 hours, the price of gold has fallen by Rs 1,760 per 10 grams. Similarly, the price of 22 carat gold has also decreased from Rs 1,15,923 per 10 grams to Rs 1,14,311 per 10 grams. The price of 18 carat gold has also decreased from Rs 94,916 per 10 grams to Rs 93,596 per 10 grams.

Silver became cheaper by Rs 3363 per kg
The price of one kilogram of silver has come down to Rs 1,59,367, which was earlier recorded at Rs 1,62,730 per kilogram. A huge fall of Rs 3363 per kg has been recorded in the price of silver.

Gold and silver prices fall in international markets also
On the Multi Commodity Exchange (MCX), the price of gold contract for December 5, 2025 has fallen by 3.29 percent to Rs 1,22,575, while the price of silver contract for December 05, 2025 has fallen by 4.68 percent to Rs 1,54,870. A decline in the prices of gold and silver is also being seen in the international markets. On Comex, the price of gold fell by 3.15 percent to $ 4,062.30 an ounce and the price of silver fell by 4.88 percent to $ 50.57 an ounce.

bullion sentiment weak
Jatin Trivedi, VP Research Analyst, Commodity and Currency, LKP Securities, said, “Gold prices remained weak after yesterday evening’s selloff. Comments from Federal Reserve members suggest that there may be a delay in cutting interest rates due to lack of fresh economic data, which weakened bullion sentiment. Gold prices came under pressure due to strengthening dollar index. Prices fell from highs of Rs 1,27,000. It has come down to Rs 1,25,600 but the weekly gain of 4 percent still remains intact. Gold prices are expected to remain volatile in the range of Rs 1,24,000-1,27,500.

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Tags: BiharcheapelectionfellGoldPricepricesResultsSilvertoday
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