India's Gold Prices Slip Ahead of Diwali as Fed Decision Looms

India's Gold Prices Slip Ahead of Diwali as Fed Decision Looms

NDTV Profit reported that India's 24-carat gold price slipped to about Rs 1. 43 lakh per 10 grams on 28 October, as investors watched the U. S. Federal Reserve's pending rate decision ahead of the Diwali festival. The decline follows a week-long slide that saw gold futures on the MCX fall to Rs 1.

42 lakh per 10 grams on 23 October, a drop of more than 21 % from the January 2026 peak, according to Livemint. Earlier in the week, the India Bullion and Jewellers Association noted prices of 24-carat gold and silver falling to Rs 1. 42 lakh and Rs 1. 94 lakh per kilogram respectively. On 26 October, domestic gold and silver rates rose modestly in major cities while international spot gold slipped below $4,000, and on 27 October silver on the MCX dropped more than 2 % as a stronger dollar and mixed Fed signals pressured precious metals.

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Multi Commodity Exchange of India Ponmudi R Enrich Money Aamir Makda Choice Broking

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India United States China Middle East

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Հոկտեմբեր 28, 2026
1 ընդհանուր
Gold Price Dips Ahead Of Diwali: Can It Go Lower On Dhanteras? What To Expect
Gold Price Dips Ahead Of Diwali: Can It Go Lower On Dhanteras? What To Expect

NDTV Profit • 28 Հոկ 06:49

India's gold price has fallen about 20% from its January peak and is trading near Rs 1.43  lakh per 10 grams as investors watch the U.S. Federal Reserve's upcoming decision.

Վստահելիություն 72% Մանիպ. 8% Կենտրոն
Հոկտեմբեր 27, 2026
1 ընդհանուր
Can silver price hit ₹2.84 lakh/kg as rates in free fall ahead of 2026 Dhanteras, Diwali? Levels, target, stop loss
Can silver price hit ₹2.84 lakh/kg as rates in free fall ahead of 2026 Dhanteras, Diwali? Levels, target, stop loss

Livemint • 27 Հոկ 08:44

Silver on India's MCX fell more than 2% as a firmer US dollar and mixed signals from the Federal Reserve weighed on precious metals, with analysts pointing to ₹1.90 lakh per kg as a key support level.

Վստահելիություն 72% Մանիպ. 9% Կենտրոն
Հոկտեմբեր 26, 2026
1 ընդհանուր
Gold, silver prices today, 26 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold, silver prices today, 26 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Livemint • 26 Հոկ 04:02

Domestic gold and silver rates in major Indian cities increased on Monday, while international spot gold fell below $4,000 amid inflation concerns.

Վստահելիություն 72% Մանիպ. 8% Կենտրոն
Հոկտեմբեր 25, 2026
1 ընդհանուր
Gold price crashes over ₹38,600 from record high - What'll happen amid Diwali 2026 fervour? Right time to buy? Decoded
Gold price crashes over ₹38,600 from record high - What'll happen amid Diwali 2026 fervour? Right time to buy? Decoded

Livemint • 25 Հոկ 07:48

Gold futures on the MCX fell to ₹1,42,024 per 10 grams, a 21.43% drop from the January 2026 peak, amid higher crude prices, US inflation concerns and reduced investor demand.

Վստահելիություն 72% Մանիպ. 9% Կենտրոն
Հոկտեմբեր 24, 2026
1 ընդհանուր
Gold & Silver Prices Fall in India
Gold & Silver Prices Fall in India

Bhaskar English • 24 Հոկ 06:19

The India Bullion and Jewellers Association reported that 10-gram 24-carat gold fell to ₹1.42 lakh and silver to ₹1.94 lakh per kilogram, reflecting a broader market decline.

Վստահելիություն 68% Մանիպ. 25% Կենտրոն