The biggest and shocking news of this time is coming out from the bullion market. Today has been a morning of relief for the general public troubled by the skyrocketing prices of gold and silver. A huge and huge fall has been recorded in the prices of both gold and silver in the bullion markets today. Today i.e. on 27th May, as soon as the market opened, the prices of gold and silver slipped downwards, due to which the faces of the buyers lit up.
Today, while the price of 24 carat pure gold has become cheaper by Rs 571 per 10 grams, there has been an earthquake in the prices of silver. Today the price of silver has fallen by Rs 4503 per kg in one stroke. Apart from this, a huge decline is being seen in the market today in the rates of gold of every quality ranging from 23 carat to 14 carat.
Know the latest price of 24 carat to 14 carat gold today
According to the latest data coming from the market, today the price of 23 carat gold has become cheaper by Rs 569 and now it is trading at Rs 156411 per 10 grams. At the same time, the price of the most demanded 22 carat gold has also fallen by Rs 523 and it has now come down to Rs 143849 per 10 grams.
Along with this, the price of 18 carat gold has also fallen by Rs 428 per 10 grams today, due to which the price of 18 carat gold has now come down to Rs 117780. If we talk about the lowest budget 14 carat gold, today it has fallen by Rs 334 and reached the level of Rs 91868 per 10 grams. Keep in mind that these rates issued by India Bullion and Jewelers Association (IBJA) do not include GST and making charges.
What was the effect of PM Modi’s ‘appeal not to buy gold’?
Meanwhile, market experts are also assessing the impact of Prime Minister Narendra Modi’s appeal, which he had made some time ago. On May 10, 2026, PM Modi had made a special appeal to the people of the country not to buy gold for a year. If we look at the data, at that time the price of gold was Rs 151078 per 10 grams, which has increased from there to reach Rs 157040 today. That means, during this period, 24 carat gold has become costlier by Rs 5962 per 10 grams.
On the other hand, if we talk about silver, despite today’s big fall, it has become costlier by Rs 6110 per kg and is still standing at Rs 261710 per kg as compared to the price on the day of PM Modi’s appeal (Rs 255600).
How much cheaper is gold and silver now than all time high?
According to the latest rate of IBJA, currently gold is being sold cheaper by around Rs 19081 from its all-time high of Rs 176121 per 10 grams. Whereas silver has fallen by Rs 124223 from its all-time high record of Rs 385933 per kg. If we talk about the period of the ongoing Iran war at the global level, then from that time till now gold has become cheaper by Rs 2057 and silver by Rs 6190.
After all, why do gold prices change in different cities?
Many people have a question in their mind that when the base price is the same, then why are the rates different in different cities? Actually, the basic price of gold and silver is the same across the country, but local taxes, transportation costs, insurance costs and local demand (like festivals or wedding seasons) create differences in it.
Apart from this, different jewelers also have different margins and making charges. Although GST is implemented uniformly across the country, the final price in the bullion market of your city appears to be slightly different due to local handling charges and states’ own taxes.
-
A great option for weightloss! Instantly make delicious sweet potato kebabs in 10 minutes, start your day with a nutritious dish

-
HONOR 600 Series Launched! Users excited to see 8000mAh battery and 200MP camera… know the price

-
Thunder Beat Spurs 127-114 in Game 5 to Move Within NBA Finals Berth

-
Fans got excited as Vaibhav Suryavanshi led RR to a spectacular win over SRH in the IPL 2026 eliminator. Read

-
Manchester United’s Amorim sacking cost club £16.7 million, financial statement reveals
