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Gold Prices Decline on October 12, 2026: Check Rates in Major Cities
On October 12, 2026, gold prices fell by 0.5% to ₹1.51 lakh per 10 grams. Rates for 24K, 22K, and 18K gold vary across major cities.
Confidence: 90%Sentiment: NeutralMedium Priority
What Happened?
On October 12, 2026, gold prices fell by 0.5% to ₹1.51 lakh per 10 grams. Rates for 24K, 22K, and 18K gold vary across major cities.
AI Quick Summary
Gold prices fell by 0.5% on October 12, 2026, with significant variations across major cities.
Key points
- Gold prices decreased by 0.5% on October 12, 2026.
- Current price for 24K gold is ₹15,098 per gram.
- Prices vary by city, with Delhi at ₹15,113 for 24K gold.
- Global gold rates are influenced by a softer dollar and lower oil prices.
- Investors are awaiting US inflation data for future policy insights.
Key insights
- The drop in gold prices could lead to increased buying interest among consumers.
- Investors may adjust their strategies based on upcoming US inflation data.
- Lower gold prices might impact the overall demand in the jewelry market.
Why it matters
The decline in gold prices may affect investors and consumers planning purchases.
Source
Times Now
