Gold prices in India today saw a slight dip, with the price of 24-carat gold standing at ₹98,350 per 10 grams, down ₹1,250 from yesterday’s rate of ₹99,600.
Today’s 24 Carat Gold Rate Per Gram in India (INR)
| Gram | Today | Yesterday | Change |
| 1 | ₹9,835 | ₹9,960 | – ₹125 |
| 8 | ₹78,680 | ₹79,680 | – ₹1,000 |
| 10 | ₹98,350 | ₹99,600 | – ₹1,250 |
| 100 | ₹9,83,500 | ₹9,96,000 | – ₹12,500 |
This drop comes amid ongoing market volatility, with investors closely watching global economic developments, particularly the U.S.-China trade talks.
Globally, gold prices have been experiencing fluctuations, but they’ve firmed up in recent days. Spot gold rose 0.3% to $3,316.29 an ounce, while US gold futures gained 0.5%, reaching $3,321.60. The earlier dip in gold prices was linked to news of a trade deal between the US and the UK, which temporarily eased some of the safe-haven demand for gold. However, with ongoing US-China trade negotiations expected to continue over the weekend, market sentiment shifted, and gold regained its footing.
Gold continues to be seen as a safe haven, especially in times of economic and political uncertainty. The US-China trade talks, in particular, remain a key focus for investors, as any substantial changes in tariffs or trade agreements could affect global market sentiment and influence the price of gold in the coming weeks.
In India, while global factors play a role in price movements, domestic demand and the weakening rupee have also contributed to fluctuations in gold rates. This week, local dealers have been offering discounts amid weaker demand as the rupee remains under pressure. Despite this, gold remains a popular investment, particularly during times of geopolitical tension like the ongoing India-Pakistan situation.
Silver prices have remained steady at $32.48 an ounce, while other precious metals like platinum and palladium have shown small gains. As gold prices continue to fluctuate, investors remain vigilant, using gold as a hedge against rising inflation and uncertainties in the global economy.
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