Domestic prices of gold slipped to Rs 77,000 per 10 grams on Monday due to poor demand after the festive season ended.
According to the Indian Bullion Jewelers Association (IBJA), the prices of 24-carat gold have slipped to Rs 77,030 per 10 grams. The rate of 22-carat gold is Rs 75,180 per 10 grams and the price of 20-carat gold is Rs 68,550 per 10 grams.
The price of 18-carat gold is Rs 62,390 per 10 grams and the price of 14-carat gold is Rs 49,680 per 10 grams.
Gold prices continue to fall after the sharp rise in October. The price of gold reached this month's lowest level of Rs 76,980 per 10 grams on November 6. The fall in prices is attributed to the continuous decline in demand after the festive season.
During the festive season, the price of 24-carat gold reached a high of Rs 81,500 per 10 grams on October 23.
Along with spot, there has also been a decline in the price of gold futures. The December contract price of gold on MCX is Rs 76,795 per 10 grams.
Gold prices continue to fall in domestic as well as global markets. According to the World Gold Council, the global price of gold is $2,669 per ounce. Earlier on Friday, the gold rate was $ 2,647 per ounce.
The fall in gold prices at the international level is being attributed to less uncertainty due to the election results in the US and the strengthening of the dollar.
The price of silver is at Rs 91,310 per kg. The December futures price of silver on MCX is Rs 90,888 per kg. Globally, the price of silver is at $31.40 per ounce.
Amit Shah & Akhilesh Yadav’s lighter exchange in LS over party president
Amid the uproar and heated debate between the ruling party and the Opposition over the Waqf Amendment Bill on Wednesday, the Lok Sabha witnessed some lighter moments between Home Minister Amit Shah and SP President Akhilesh Yadav.
Sensex, Nifty end higher ahead of US reciprocal tariffs announcement
The Indian stock market bounced back on Wednesday, with both the Sensex and Nifty closing higher, just before the reciprocal tariffs deadline set by US President Donald Trump.
Waqf Bill weakens Constitution, defames minorities, divides society: Gaurav Gogoi
As Parliament debated the contentious Waqf Amendment Bill, 2025, on Wednesday, deputy leader of Opposition in the Lok Sabha Gaurav Gogoi came down heavily on the government.
Bill not linked to religion, it’s prospective and not retrospective: Kiren Rijiju flays naysayers
Union Minister for Minority Affairs Kiren Rijiju on Wednesday tore into the Opposition for ‘spreading falsehood’ over the Waqf Amendment Bill and urged the ‘doubters and naysayers’ to refrain from misleading the people on the proposed reforms.
Parliament was being claimed as Waqf property: Rijiju slams UPA for making provisions 'overriding' other laws
Parliamentary Affairs Minister Kiren Rijiju on Wednesday bashed the previous UPA government for de-notifying 123 properties and handing them over to the Delhi Waqf Board.
Bhopal’s Muslims burst firecrackers in support of Waqf (Amendment) Bill
A large number of Muslims in Madhya Pradesh's capital, Bhopal, burst firecrackers on Wednesday to express their support for the Waqf (Amendment) Bill, which was presented in the Lok Sabha earlier in the day.
CPI(M)’s 24th party congress begins in Madurai, veteran leader Biman Bose hoists flag
The 24th Party Congress of the CPI(M) commenced on Wednesday in Madurai, Tamil Nadu, with senior leader Biman Bose hoisting the party flag at the historic Tamukkam Ground.
Vigil strengthened to curb illegal infiltration, human trafficking from B’desh: CM Saha
Tripura Chief Minister Manik Saha on Tuesday said that the state government has taken a series of steps to prevent illegal infiltration from Bangladesh, and the BSF as well as the state forces are on a strict vigil round-the-clock.