Gold prices in Vadodara (Vadodara) softened sharply on Monday, February 2, following broad weakness in global bullion markets. The fall comes amid profit booking after recent record highs, a stronger US dollar and risk-off sentiment driving volatility in precious metals.
Latest gold rates in Vadodara 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 in domestic prices reflects continued selling pressure as markets digest global cues including hawkish interest rate expectations, liquidation of long positions, and macroeconomic uncertainty that pressured bullion. International gold prices have eased from recent peaks, and the corrected trend is mirrored in Indian cities including Vadodara.
For buyers and jewellers in Vadodara, the current price levels represent a significant drop from recent highs, though volatility remains elevated. Traders will be closely watching currency movements, global bullion cues and central bank signals to gauge future price direction.
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.
