Gold Prices Plunge: ₹722 Drop in 24-carat Gold - Live Rates Check Here
Today's gold prices witnessed a significant drop in the early afternoon, with particular emphasis on 24-carat pure gold seeing an ₹722 decline by evening. The news provides detailed insight into various purities of gold, offering valuable information to those planning purchases.
Highlights
- •Gold prices in 24-carat purity fell from ₹156,436 at the start of trading day to ₹155,714 by night.
- •The drop affected all purities ranging from 98 (14-carat) down to 999 (24-carat), witnessing an average decline of ₹720 per purity level.
- •Customers who purchase gold now are likely to benefit from lower prices compared to the previous trading week’s rates. However, it's always advisable to consult a jeweler for precise pricing and market updates.
- •These gold rates are provided as current information. For up-to-date rates across different cities, we strongly recommend consulting local suppliers.
As the gold markets continue to fluctuate significantly, today marks a notable decrease in gold prices. On Monday, gold values notched down from their previous day's close, especially evident during evening trade sessions.
Luckily for customers, the latest 24-carat gold rates at ₹156,436 per 10 grams in the morning fell to ₹155,714 by evening. For those looking into purer grades, today's prices show a consistent fall across different purity levels—from 999 (24-carat), down to 98 (14-carat).
The most significant dip came in the 23-carat variety with rates sliding from ₹155,810 in the morning to ₹155,090 by evening. This drop represents a total of ₹720 for gold at this purity level.
For smaller purities, we observed similar trends:
- 995 (23-carat): Rates from ₹155,810 to ₹155,090—a total of ₹720.
- 916 (22-carat): Rates dropped from ₹143,295 to ₹142,634.
- 750 (18-carat): Price moved down from ₹117,327 to ₹116,786.
- 585 (14-carat): The 91,515 opening price fell to ₹91,093.
Yesterday’s closing rate of 24-carat gold stood at ₹158,555 in the evening. However, for smaller purities:
- 999 (24-carat): Trended down from ₹156,436 to ₹155,714.
- 995 (23-carat): Rates dropped from ₹155,810 to ₹155,090.
- 916 (22-carat): Trended down from ₹145,236 per tola to ₹142,634.
- 750 (18-carat): Rates fell from ₹118,916 to ₹116,786.
- 585 (14-carat): The 14-carat gold rate plummeted from ₹91,515 to ₹91,093.
