Gold, Silver Prices Tumble in Early Trade; Analysts See Long-Term Opportunity

Gold and silver prices decreased considerably today. In the early session today, the price of gold per 10 grams decreased by ₹6,074 to ₹1,52,681 per 10 grams. Silver prices decreased by ₹26,518 to ₹2,36,500 per kg.

According to the All India Bullion Association, the price of 99.9 percent pure gold fell by ₹400 to ₹1,60,900 per 10 grams on Thursday. Silver prices remained unchanged at ₹268,500 per kilogram.

At the same time, buying signals were also seen in the international market. Silver price on COMEX saw value buying and rose to an intraday high of $77.045 per ounce, an increase of more than 1.25 percent in minutes after the opening bell.

Gold and silver both experienced moderate buying activity in early trading sessions of the Asian markets. Gold on the COMEX exchange was reportedly trading in the green with a price of $5,000 per ounce, with an intraday gain of around 1.10 percent.

Gold and silver prices have entered a period of intense volatility in 2026. After last year's extraordinary rally, both precious metals have slipped by approximately 16 to 43 percent from their peak levels. A strong US dollar and changing expectations regarding Federal Reserve policies have impacted investor sentiment, leading to the recent correction.

Although the recent decline has erased a significant portion of the earlier rally, analysts believe this weakness could be an opportunity for long-term investors. Many experts view this as part of an ongoing multi-year bull cycle in precious metals.

According to domestic brokerage Emkay Wealth, gold and silver are in a 3- to 5-year bull run, supported by favorable macroeconomic conditions, structural demand, and changing investor preferences. The brokerage advises investors to hold gold and silver as part of a diversified portfolio and make new purchases in a phased manner, especially during declines.