Wednesday, December 31: Gold prices in India edged lower across all purity levels, extending recent weakness in the domestic bullion market. The decline comes amid continued volatility in global precious metals prices, with both gold and silver witnessing pressure after sharp moves earlier this week.
As per the latest data, 24-carat gold was trading at Rs 13,588 per gram, down Rs 32 from the previous session. 22-carat gold fell by Rs 30 to Rs 12,455 per gram, while 18-carat gold slipped Rs 24 to Rs 10,191 per gram.
Today’s gold rates in India (December 31)
For 24-carat gold, the price stood at Rs 1,35,880 per 10 grams, lower by Rs 320 compared to Tuesday. On a larger scale, 100 grams of 24K gold was priced at Rs 13,58,800, down Rs 3,200.
Meanwhile, 22-carat gold was priced at Rs 1,24,550 per 10 grams, reflecting a decline of Rs 300, while 100 grams cost Rs 12,45,500, down Rs 3,000 from the previous close.
In the case of 18-carat gold, prices eased to Rs 1,01,910 per 10 grams, down Rs 240, and Rs 10,19,100 per 100 grams, lower by Rs 2,400.
Market context
The dip in domestic gold prices comes even as international bullion markets remain volatile, with traders closely tracking movements in global commodities, currency fluctuations and profit-booking trends at elevated levels. Silver prices, which saw sharp corrections earlier, have also contributed to cautious sentiment across the precious metals segment.
Domestic gold prices remain sensitive to international cues, currency movement and near-term demand dynamics, particularly toward the year-end.
Note: Gold prices are indicative and do not include GST, TCS or other applicable levies. Actual rates may vary by city and jeweller.
