Gold Rate Prediction: Gold prices have soared to record highs globally, including in India. However, reports suggest that a significant decline in gold prices may be imminent. It is being speculated that gold prices could drop to as low as Rs 56,000 per 10 grams. Let’s explore why and how such a decrease could occur and the factors behind this potential decline . The gold and silver prices declined on November 4, 2025. The 24-carat gold fell by Rs 530 to Rs 121,230 per 10 grams, and silver fell by Rs 790 to Rs 147,180 per kilogram. Gold prices extend their decline on Monday, slipping below the Rs 1.25 lakh mark per 10 grams in Mumbai, tracking a sharp global fall amid easing US-China trade tensions. Gold , silver prices see a major decline on Friday amid profit-booking and following reports that precious metals were excluded from US President Donald Trump's "reciprocal" tariffs.