Gold and silver prices declined for the second consecutive day on February 13, reflecting short-term volatility in the bullion market. While both precious metals have witnessed strong gains over the past year, recent corrections have slightly cooled the rally. Here’s a detailed look at the latest prices, recent trends, and year-on-year performance.

Gold and Silver Prices

According to data released by the India Bullion and Jewelers Association (IBJA), both gold and silver registered a second consecutive day of decline.

Silver Price Drops Sharply in Two Days

The price of one kilogram of silver fell by ₹17,188, bringing it down to ₹2,41,945 per kg.

• On Thursday, silver was priced at ₹2,59,133 per kg.

• Over the past two days, silver has declined by ₹24,000.

• On February 11, silver was trading at ₹2,66,449 per kg.

This marks a notable correction after silver had been trading near record levels earlier this year.

Gold Price Falls Nearly ₹3,000

Gold prices also witnessed a decline.

The price of 10 grams of 24-carat gold fell by ₹2,899, bringing it down to ₹1,52,751.

• On Thursday, gold was priced at ₹1,55,650 per 10 grams.

• On January 29, gold reached an all-time high of ₹1,76,121.

• On the same day, silver had touched ₹3,85,933 in the bullion market.

Despite the recent dip, prices remain significantly higher compared to last year.

How Much Has Gold and Silver Gained So Far This Year?

Even after the correction, both precious metals are showing strong year-to-date growth.

Gold’s 2026 Performance So Far

• On December 31, 2025, 10 grams of 24-carat gold was priced at ₹1,33,195.

• It has now risen to ₹1,52,751.

• That reflects a gain of ₹22,455 so far this year.

Silver’s 2026 Performance So Far

• On December 31, 2025, silver was priced at ₹2,30,420 per kg.

• It has now climbed to ₹2,41,945 per kg.

• That marks a gain of ₹28,713 this year.

Gold and Silver Performance in 2025

The previous year saw extraordinary gains in both metals.

Gold in 2025

Gold became 75% more expensive in 2025.

• On December 31, 2024, 10 grams of 24-carat gold was priced at ₹76,162.

• By December 31, 2025, it had risen to ₹1,33,195.

• That represents an increase of ₹57,000 (75%) during 2025.

Silver in 2025

Silver saw an even sharper rally.

• Silver became 167% more expensive in 2025.

This surge was driven by strong industrial demand, safe-haven buying, and global macroeconomic uncertainties that supported precious metals throughout the year.

What’s Driving the Current Correction?

Market experts attribute the short-term decline to:

• Profit booking after record highs

• Strengthening global currency movements

• Fluctuations in international bullion prices

• Temporary easing in safe-haven demand

Despite the two-day fall, both gold and silver remain in a long-term bullish trend compared to 2024 levels.

Conclusion

While gold and silver prices have fallen for two consecutive days, the broader trend still shows significant gains compared to last year. With gold up ₹22,455 this year and silver up ₹28,713, investors continue to watch the bullion market closely for the next directional move.

The coming weeks will determine whether this correction is temporary or signals a broader consolidation phase in the precious metals market.