Gold drops Rs 1,400 to Rs 1.53 lakh/10g as strong rupee dampens sentiment
MCX December gold futures dropped 0.85% as a firm US dollar and selling pressure pushed domestic and global bullion lower, traders said.
- The reported national rate for 22-carat gold was Rs 13,670 per gram, down Rs 95 from the previous day.
- Prices declined in major cities, including Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, and Ahmedabad.
- The figures were provided by BankBazaar.com and published on October 14, 2026.
31 Articles
31 Articles
The price of silver, which hit a record high of $121 per ounce in January, has fallen by approximately 50 percent, dropping to $58.50, due to high bond yields, a strong dollar, and concerns about industrial demand.
Gold drops Rs 1,400 to Rs 1.53 lakh/10g as strong rupee dampens sentiment
New Delhi, Oct 12: Gold prices fell Rs 1,400 to Rs 1.53 lakh per 10 grams in the national capital on Monday as a stronger rupee and weakness in global markets pressured domestic bullion rates. The 99.9 per cent pure metal had closed at Rs 1,54,400 per 10 grams on Friday. Silver prices also declined Rs 2,000 to Rs 2,26,500 per kilogram, inclusive of all taxes, from the previous close of Rs 2,28,500 per kg, according to the All India Sarafa Associ…
Gold and silver prices fell significantly as soon as the market opened on Monday. Gold prices fell on the Multi Commodity Exchange, while silver prices fell by ₹1.95 lakh per kg from their highs.
Gold, silver prices today, 12 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 12 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Coverage Details
Bias Distribution
- 38% of the sources are Center, 37% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
