Stories
Gold becomes cheaper during Navratri, silver also slips
C
CNBC Awaaz•12-10-2026, 19:53
Gold becomes cheaper during Navratri, silver also slips
- •Gold prices dropped significantly by Rs 1400 in the Delhi bullion market during Navratri.
- •The price of 24-carat gold fell to Rs 153000 per 10 grams on Monday.
- •Silver prices also witnessed a decline of Rs 2000, closing at Rs 226500 per kg.
- •The strengthening of the rupee and international market cues played a major role in the price drop.
Key Questions Answered
The drop in prices was driven by domestic and international market cues, including a strengthening rupee against the dollar and a decline in overseas spot prices.
Gold prices dropped by Rs 1,400 to stand at Rs 1,53,000 per 10 grams for 24-carat gold, while silver prices decreased by Rs 2,000 to stand at Rs 2,26,500 per kg.
The market will monitor the US dollar, bond yields, the rupee's exchange rate, and US inflation data, which provide cues regarding interest rates and market volatility.
