Gold price today: Check gold rates in Delhi, Chennai, Mumbai as prices fall | Business News - Hindustan Times
Gold
AI desk brief
Gold prices in India fell on Monday, with 24-karat gold down ₹760/10g to ₹1,50,720 from ₹1,51,480 on Sunday, a decline of about 0.5%. The move was linked to a stronger rupee after the RBI announced measures to reduce FX-market volatility, with the currency opening at 95.61/$ and later trading at 95.80, up 91 paise from the previous close.
For desk purposes, the key takeaway is that local gold pricing is being pressured by INR appreciation rather than a fresh spot-led selloff, which could cap near-term retail/import demand in India if the rupee holds gains.
Sources used
- S1 Hindustan Times via Google News — Gold price today: Check gold rates in Delhi, Chennai, Mumbai as prices fall | Business News - Hindustan Times