Kathmandu – The decline in gold prices that began in the last week of 2025 in India has continued into the first week of 2026. Looking at the changes over the week, gold suddenly became cheaper by ₹4,121 per 10 grams. On December 26, 2025, the price of 24-carat gold with February 5 expiry on the Multi Commodity Exchange (MCX) was ₹139,873 per 10 grams, which by the last trading day of the first week of the new year (Friday) had dropped to ₹135,752 per 10 grams.
How Much Has Gold Fallen from Its Peak?
The lifetime high price of gold was ₹140,456 per 10 grams. In comparison, last Friday the price fell to ₹135,752 per 10 grams. Thus, gold has become cheaper by ₹4,704 per 10 grams from its peak. Not only on MCX, but also in the domestic market, according to updated rates on the Indian Bullion Jewellers Association (IBJA.com) website, the price of 24-carat gold fell from ₹137,956 to ₹134,782 per 10 grams over the week. This means gold became cheaper by ₹3,174 per 10 grams.

Silver Continues to Fall
Talking about silver prices, in the past week silver has dropped by ₹3,188 per kilogram. On December 26, 2025, the price of 1 kg silver was ₹239,787, which, despite a rise of ₹726 last Friday, closed at ₹236,599. Looking at silver’s lifetime high of ₹254,174 per kg, it is still cheaper by ₹17,575 per kg.
