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Gold Price Plummets Drastically: Major Drop Cheers Jewelry Lovers
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News18•12-10-2026, 19:13
Gold Price Plummets Drastically: Major Drop Cheers Jewelry Lovers
- •Gold prices have dropped sharply at the beginning of the month of October, bringing joy to jewelry buyers.
- •The price of 22-carat gold decreased by Rs. 960 per gram to be sold at Rs. 13,720 per gram, and Rs. 1,09,760 per sovereign.
- •The price of 18-carat gold decreased by Rs. 100 per gram to be sold at Rs. 11,270 per gram, and Rs. 90,160 per sovereign.
- •Silver prices remained unchanged, continuing to sell at Rs. 245 per gram and Rs. 2,45,000 per kilogram.
Key Questions Answered
Following the evening price drop, the price of 22-carat gold decreased by Rs. 960 to be sold at Rs. 13,720 per gram and Rs. 1,09,760 per sovereign. Similarly, 18-carat gold decreased by Rs. 100 to be sold at Rs. 11,270 per gram and Rs. 90,160 per sovereign.
Throughout the gold price fluctuations, silver prices remained completely unchanged, selling at Rs. 245 per gram and Rs. 2,45,000 per kilogram.
At the very beginning of October, gold prices experienced sharp drops, although there was a brief fluctuation where 22-carat gold rose to Rs. 13,880 per gram before plummeting again at the start of the week and further in the evening.
