Now Reading: Gold falls Rs 3,200, nears Dec 2025 levels
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Gold falls Rs 3,200, nears Dec 2025 levels
The Story in Brief
Gold prices fell sharply on Sunday, 1 November 2026, with 99.9% purity gold declining by Rs 3,200 to Rs 1,42,000 per 10 grams, according to PTI citing the All India Sarafa Association as reported by Livemint. The precious metal had closed at Rs 1,45,200 per 10 grams on Friday, 30 October. The Times of India reported the 24K gold rate in Gurgaon at Rs 13,903 per gram (Rs 1,39,030 per 10 grams) and 22K at Rs 12,745 per gram, with no change from the previous day. India Today reported 24K gold in Anand at Rs 1,38,880 per 10 grams, also unchanged.
Livemint reported silver fell Rs 4,200 to Rs 1,86,000 per kg from the previous close of Rs 1,90,200 per kg. International gold fell below $3,900 per ounce, the lowest since October 2025. Livemint cited Gaurav Garg, Head Research at Lemonn, who said gold slipped below the crucial $4,000 mark as stronger-than-expected US inflation data and expectations of a December Fed rate hike reduced demand for non-yielding assets. The gold rate on 26 December 2025 was Rs 1,42,300 per 10 grams.
Indian Opinion Analysis
The Times of India and India Today report steady local gold rates in Gurgaon and Anand, respectively, with no day-on-day change. Livemint, covering the national market, reports a sharp Rs 3,200 drop in 99.9% purity gold and attributes the decline to global factors: US inflation data, a possible December Fed rate hike, and crude oil volatility. The uniform coverage from the two local outlets reflects stable retail pricing in specific cities, while Livemint’s macro lens captures the broader market correction. The discrepancy between flat city rates and a steep national fall suggests local jewellers may not have adjusted prices immediately. Livemint notes gold is approaching its December 2025 level of Rs 1,42,300 per 10 grams.
Coverage: 3 sources, 3 neutral
Sources (3): timesofindia.indiatimes.com (neutral report), indiatoday.in (neutral report), livemint.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 1 November 2026: this story now draws on 3 sources.
