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Gold Falls 2,700 Rupees to 1.55 Lakh per 10g

By Markets Desk · 2026-09-12 · Updated 2026-09-12 09:11 UTC
A stack of shiny gold bars and a silver ingot resting on a dark wooden surface
Illustration: Tradingbird

Indian gold and silver prices have slumped by Rs 2,700 and Rs 10,000 respectively, decoupling from a rise in global markets. Analysts attribute this domestic selloff to heightened inflation fears and stronger expectations for interest rate hikes, which are boosting bond yields.

  • According to GN auto markets/commodities: gold prices, the domestic divergence from global trends is attributed to persistent inflation concerns and rising rate-hike expectations, which are elevating Treasury yields and pressuring bullion values despite spot gold gaining 1.15% overseas.

    Source: Rediff MoneyWiz

  • Gold prices in India dropped by 2,700 rupees to 1.55 lakh per 10 grams on Friday. Silver also fell sharply by 10,000 rupees to 2.34 lakh per kilogram.

    Source: BusinessLine
Based on reporting by BusinessLine and Rediff MoneyWiz, compiled by the Tradingbird desk.

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