Gold Prices Plummet Amid Global Market Volatility

Over the past week, 24-carat gold has eased by 0.41%, while it is down 5.74% over the past month.| Business News

Image source: Internet

Gold prices took a hit on Friday, April 17, with 24-carat gold falling by ₹268 to ₹15,309.2 per gram and 22-carat variant dropping by ₹245.49 to ₹14,023.23 per gram.

Over the past week, 24-carat gold has eased by 0.41%, while it is down 5.74% over the past month.

The gold rate in Delhi is ₹153092.0/10 grams, with the silver rate in Delhi at ₹250031.0/Kg.

Gold rates in other major cities, including Chennai, Mumbai, and Kolkata, also saw a decline, with the silver rate following a similar trend.

The June 2026 MCX futures for gold were trading at ₹153077.0 per 10 gm, reflecting a slight decrease of ₹0.05 at the time of publication.

Global factors, including input from major jewelers, global demand for gold, currency fluctuations, interest rates, and government policies, significantly impact gold rates in the Indian market.