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Gold Prices Decline on November 12, 2026; Check Rates in Major Cities
Sentiment: NeutralHigh Priority
What Happened?
Gold prices fell by 0.5% today, influenced by strong US inflation data and comments from Federal Reserve officials. The price for 24K gold is Rs 13,980 per gram.
Key points
- Gold opened at Rs 1.39 lakh per 10 grams today.
- 24K gold is priced at Rs 13,980 per gram.
- 22K gold costs Rs 12,815 per gram.
- 18K gold is available for Rs 10,485 per gram.
- Prices in major cities like Delhi and Mumbai reflect similar trends.
Key insights
- The stronger US inflation data could lead to further fluctuations in gold prices.
- Investors may seek alternative investments if gold prices continue to decline.
- The Federal Reserve's stance may influence future gold market trends.
Why it matters
The decline in gold prices may affect investors and consumers looking to buy gold.
Source
Times Now
