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Home ›› Commodities ›› Commodities Metals ›› Gold and Silver Prices Decline in Indian Bullion Market, Silver Down Over One Per Cent

Gold and Silver Prices Decline in Indian Bullion Market, Silver Down Over One Per Cent

According to Akashvani / News on AIR, 24-carat gold was marginally down at ₹1,54,080 per 10 grams in the Indian bullion market on August 18, 2026, while silver declined over one per cent to ₹2,33,164 per kilogram. The report provides no additional supply, demand, or inventory context, leaving the rupee-denominated price levels as the key data points.

iG
iGEN Editorial
August 18, 2026
Gold and Silver Prices Decline in Indian Bullion Market, Silver Down Over One Per Cent

Gold and silver prices moved lower in the Indian bullion market on August 18, 2026, according to Akashvani / News on AIR. The report, titled 'Gold and Silver prices down', placed 24-carat gold at ₹1,54,080 per 10 grams, described as marginally down, while silver fell over one per cent to ₹2,33,164 per kilogram. Silver's decline was therefore the more pronounced of the two on the day, based on the source's own descriptions.

Price action

The Akashvani / News on AIR bulletin is a price-focused update from the Indian bullion market, with no additional commentary on the reasons behind the moves. The reported prices are as follows:

Metal Quotation unit Price (₹) Direction
24-carat gold per 10 grams 1,54,080 Marginally down
Silver per kilogram 2,33,164 Down over one per cent

For silver, the source specifies a decline of more than one per cent but does not provide the previous settlement price to calculate the exact absolute drop. Similarly, gold's change is given only as 'marginally down', with no prior-day comparator. The figures are therefore best treated as a same-day read on Indian bullion prices.

Market context

The price quotes come from the Indian bullion market, as stated by Akashvani / News on AIR, and are expressed in Indian rupees. Gold is quoted per 10 grams at 24-carat purity, and silver is quoted per kilogram. The source did not specify a grade or fineness for silver, nor any additional details on supply, demand, inventory, or international market movements.

The report was published on August 18, 2026, and carries the headline 'Gold and Silver prices down'. It contains no further commentary beyond the two price figures and their directional descriptions.

What the figures indicate

For commodity traders, procurement teams, and analysts tracking precious metals, the key takeaway is the divergence in the size of the moves. Gold, at ₹1,54,080 per 10 grams, posted only a marginal decline, while silver, at ₹2,33,164 per kilogram, fell by more than one per cent. In percentage terms, silver's decline was clearly larger than gold's on this day, based on the source's descriptions.

Reported Indian bullion market prices on August 18, 2026: 24-carat gold at ₹1,54,080 per 10 grams (marginally down) and silver at ₹2,33,164 per kilogram (down over one per cent).

Because the bulletin contains no additional variables, the data point is limited to these two quotes. For Indian market participants, the reported figures are the rupee-denominated price levels for 24-carat gold and silver in the domestic market on the publication date. The absence of any stated driver, inventory figure, currency detail beyond rupees, or comparison with international benchmarks means the report captures only the price level and direction at a single moment.

The main analytical value for market readers lies in the relationship between the two metals: gold's marginal change versus silver's larger percentage fall suggests silver underperformed gold in the Indian market on this day. Future reports from the same source would be needed to determine whether this divergence persists.


Sources: Akashvani / News on AIR – Business category

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