Fri Nov 15 06:39:15 UTC 2024: ## Gold Prices Dip to One-Month Low in India

**New Delhi, November 15, 2024:** Gold prices in India have continued their downward trend for the past few days, hitting a one-month low today. Spot gold prices fell 0.6% to $2,559.39 per ounce.

In India, the price of 24-carat gold is currently ₹74,240 per 10 grams, equivalent to ₹7,424 per gram. The price of 22-carat gold stands at ₹68,053 per 10 grams, while 18-carat gold is priced at ₹55,680 per 10 grams.

Here’s a city-wise breakdown of gold and silver prices:

**Mumbai:**

* **Gold (24-carat):** ₹74,620 per 10 grams
* **Silver:** ₹89,420 per kg

**Kolkata:**

* **Gold (24-carat):** ₹74,520 per 10 grams
* **Silver:** ₹89,300 per kg

**Delhi:**

* **Gold (24-carat):** ₹74,490 per 10 grams
* **Silver:** ₹89,260 per kg

**Chennai:**

* **Gold (24-carat):** ₹74,810 per 10 grams
* **Silver:** ₹89,620 per kg

It’s worth noting that silver prices have also dipped slightly compared to last week’s figures.

The decline in gold prices is attributed to various factors, including the strengthening dollar and the anticipation of a possible interest rate hike by the US Federal Reserve.

This news comes amid a larger economic context of ongoing market volatility and potential changes in global financial policies.

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