GeneralLatest NewsLatest News
Gold Prices Fall on November 3, 2026; Check Rates in Major Cities
Sentiment: NeutralMedium Priority
What Happened?
On November 3, 2026, gold prices dropped due to expectations of higher US interest rates and profit-booking. The price for 24K gold is Rs 13,964 per gram.
Key points
- Gold prices fell by 0.9% on the Multi Commodity Exchange.
- 24K gold is priced at Rs 13,964 per gram.
- 22K gold costs Rs 12,800 per gram.
- 18K gold is priced at Rs 10,473 per gram.
- Major cities like Delhi and Mumbai have similar gold rates.
Key insights
- Higher US interest rates could lead to further declines in gold prices.
- Profit-booking after a recent rally may continue to affect market trends.
- Investors may seek alternative assets if gold prices remain volatile.
Why it matters
The fluctuation in gold prices may impact investment decisions for buyers.
Source
Times Now
