For those tracking the highest standard of purity, 24-carat gold opened at ₹15,888 per gram, marking a slight decrease of ₹5 compared to yesterday's closing of ₹15,893. On a larger scale, the 10-gram retail price settled at ₹1,58,660, reflecting a daily decline of ₹270. This pattern of modest depreciation was mirrored in the 22-carat segment—the preferred choice for intricate jewelry—which saw its per-gram rate move to ₹14,545, down from the previous day's ₹14,570. The 100-gram bulk purchase price for 22-carat gold consequently saw a significant reduction of ₹2,500, bringing the total to ₹14,54,500. Even the 18-carat category, often sought for its durability and lower entry point, followed suit with a ₹200 drop per 10 grams, closing at ₹1,19,040.
Financial analysts suggest that such incremental shifts are often the result of a strengthening currency or a recalibration of demand within the domestic spot market. In a city like Delhi, where gold is as much a cultural staple as it is a financial hedge, even these minor price corrections are closely monitored by bullion houses and retail consumers. As the market absorbs these changes, the focus remains on whether this downward trend is a temporary correction or the beginning of a more sustained stabilization period amidst an otherwise volatile fiscal year.
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