In the week preceding January 4, 2026, both gold and silver prices in India experienced a significant downturn, as reported by AajTak. Specifically, 24-carat gold witnessed a fall of over ₹4,000 per 10 grams, while silver became cheaper by more than ₹3,000 per kilogram. This decline marked a notable correction in the precious metals market. Other credible sources corroborate significant volatility and drops in prices around this period. For instance, The Indian Express reported that 24-karat gold rates in India had "plummeted by more than 4 per cent" over the weekend before January 5, 2026, indicating a substantial fall leading up to the AajTak article's publication. Similarly, silver had slipped by around ₹3,471 (1.45%) over the previous week before seeing a sharp rebound on January 5. However, this downward trend was short-lived, with both gold and silver showing a strong rebound on January 5, 2026. On this day, 24-carat gold prices generally increased by over ₹1,300 per 10 grams in major Indian cities, reaching levels around ₹1,37,000 to ₹1,38,000. Silver also surged, with an increase of over ₹6,000 per kilogram in some cities. This recovery was partly attributed to renewed geopolitical tensions, particularly the US-Venezuela conflict, and increased safe-haven demand. Despite the subsequent rebound, the AajTak headline accurately captured the substantial price drops observed in the immediate preceding period, making it a relevant and verified news story for the Indian audience keenly interested in bullion market trends. The reported falls were not an exaggeration and were aligned with broader market corrections.