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Gold Prices Drop Today: Latest Rates for 18, 22, and 24 Carat
Sentiment: NeutralHigh Priority
What Happened?
On November 13, 2026, gold prices fell in India, with 24-carat gold now priced at ₹13,849 per gram. Prices for 22-carat and 18-carat gold also decreased.
Key points
- 24-carat gold decreased by ₹131 per gram today.
- 22-carat gold is now priced at ₹12,695 per gram.
- 18-carat gold is priced at ₹10,387 per gram.
- In Delhi, 24-carat gold is at ₹13,864 per gram, the highest among major cities.
- Prices in Mumbai and Pune are consistent with national averages.
- The decline in gold prices is attributed to rising oil prices and inflation concerns.
Key insights
- Lower gold prices could lead to increased purchases by consumers looking for investment opportunities.
- The ongoing inflation concerns may prompt investors to reconsider their asset allocations.
- The stability of gold prices is crucial for the jewelry industry, which may face challenges if prices continue to fluctuate.
Why it matters
The drop in gold prices may influence consumer buying behavior and investment strategies.
Source
India Today
