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✦Reported by Goodreturns

Crash In Gold Rate Today In India, Nov 10: Find Out 24K, 22K, 18K Gold & Silver Rates On Balipratipada

Crash In Gold Rate Today In India, Nov 10: Find Out 24K, 22K, 18K Gold & Silver Rates On Balipratipada
Source: Goodreturns

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Gold prices in India fell on 10 November, bringing relief to retail buyers after a recent surge.
  • ✓The 22-carat gold rate slipped by Rs 450 per 10 grams to cost Rs 1,32,100.
  • ✓Meanwhile, silver prices stayed stable, with 1kg of silver in India costing Rs 2,05,000 on 10th November.

Story at a Glance

Category
Indian Markets
Reported By
Goodreturns
Reading Speed
3 Minute(s)
Market Focus
India Economy

Gold prices in India declined today, with 24-carat gold falling by Rs 4,900 per 100 grams, offering some relief to retail buyers after yesterday's surge.

Internationally, spot gold slipped to around $4,120 per ounce as investors awaited key US inflation data and assessed the Federal Reserve's interest-rate outlook. Higher interest-rate expectations weighed on the non-yielding precious metal, while Monday's nearly 2% rally, supported by falling crude oil prices and hopes of a possible US-Iran peace agreement, gave way to profit booking.

Gold Prices in India Drop Sharply After Bull Run

On 10 November, both pure and standard gold fell. As of today, the 22-carat gold rate in India slipped by Rs.450 per 10 grams to cost Rs.1,32,100. While the 24-carat gold price is off-peak at Rs. 1,44,110, slipping Rs. 450. Similarly, the 18-carat gold rate also dropped Rs.370 to retail at Rs.1,08,080 per 10 grams.

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