There was a big drop in the price of gold and silver today i.e. on 12th May. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has come down by ₹3,340 to ₹93,076. Yesterday the price of gold was ₹96,416 per 10 grams. The price of silver has fallen by ₹1,631 to ₹94,095. Earlier the price of silver was ₹95,726 per kg