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Gold Slips Nearly 1% to ₹1.49 Lakh/10g as Firm Dollar Keeps Lid on Bullion Recovery

Gold futures fell after profit booking as traders sold near the ₹1.50 lakh resistance zone, while silver held above ₹2.26 lakh per kg.

  • The latest price of 24K gold in India stands at Rs 14,902 per gram, while 22K gold is available at Rs 13,660 per gram, reflecting a decrease from yesterday's rates.
  • Precious metal futures showed signs of recovery on Monday, though gold prices remain volatile after a sharp market correction throughout September.
  • 24K gold rates vary across major cities; Chennai and Mumbai prices stand at Rs 14,902 per gram, while Delhi quotes reach Rs 14,917 per gram.
  • Vikram Subburaj, CEO, Giottus, noted that gold and silver futures are currently following different paths in India, as markets attempt to stabilize.
  • Mounting geopolitical tensions in the Middle Eastern region, including renewed Houthi threats, have driven a safe-haven rally in precious metals, fueling price surges.
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Gold Rates Fall Today: Gold and silver prices saw significant fluctuations on Monday. Gold prices fell from MCX to the domestic market.

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Latestly broke the news in Mumbai, India on Monday, October 5, 2026.
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