Gold Market Trends: Prices Slip Marginally in Mumbai, Delhi, Chennai, and Bengaluru

Gold prices in India witnessed a modest decline today, reflecting international market pressures and domestic trading adjustments. Analysts attribute the fall to profit-taking in the US markets and a stronger dollar, which weighed on global bullion prices.

Key Highlights:

• National Trend: Gold down by 0.25% compared to yesterday’s close.
• 24K Gold Price: ₹1,43,390 per 10 grams.
• 22K Gold Price: ₹1,31,440 per 10 grams.
• City-Wise Rates (per 10g, 24K):
• Mumbai: ₹1,43,390
• Delhi: ₹1,43,930
• Chennai: ₹1,43,950
• Bengaluru: ₹1,43,400
   
• Silver Prices: ₹2,91,900 per kg in Delhi, Mumbai, and Bengaluru; ₹3,05,900 per kg in Chennai.
• Market Drivers: Global spot gold dipped 0.5% to $4,592.29 per ounce; US futures settled 0.6% lower.

Sources: DNA India, Mathrubhumi, The Hans India, Times Now, LatestLY