Gold prices in Pune fell sharply on Monday, February 2, tracking weakness in global bullion markets and extended profit booking after recent record highs. The correction mirrors trends seen across major Indian cities amid heightened volatility in commodities.
Latest gold rates in Pune today:
- 24-carat gold: Rs 15,153 per gram
- 22-carat gold: Rs 13,890 per gram
- 18-carat gold: Rs 11,365 per gram
The decline comes as international gold prices faced selling pressure due to a stronger US dollar, shifting expectations around interest rates, and liquidation of long positions following gold’s recent rally. Domestic prices have adjusted accordingly, resulting in a notable single-day drop across all purity levels.
Jewellers and buyers in Pune are closely tracking global cues, currency movements, and near-term demand trends to gauge the next direction for gold prices amid ongoing market volatility.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity prices are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
