News Details

( As on 14/11/2025 19:01)

Gold tumbles Rs 1,500 to Rs 1,29,400/10g as global uncertainty over Fed rate cuts weighs on prices

Gold prices fell sharply by Rs 1,500 to Rs 1,29,400 per 10 grams in the national capital on Friday, tracking weak global cues after US Federal Reserve officials suggested that a lack of fresh economic data could delay further interest rate cuts.

According to the All India Sarafa Association, gold of 99.5% purity dropped to Rs 1,28,800 per 10 grams (inclusive of taxes), compared with Thursday’s close of Rs 1,30,300 per 10 grams.

In the local bullion market, gold of 99.9% purity had settled at Rs 1,30,900 per 10 grams in the previous session.