Economy
Gold Prices Drop for Fifth Consecutive Day in India

Gold Prices Drop for Fifth Consecutive Day in India

The Indian Express1h
THE BRIEF
1

Gold prices in India fell for the fifth straight day on September 2, with rates in Delhi dropping by ₹2,700 to reach ₹1.58 lakh per 10 grams.

2

The decline follows a broader market trend, with gold futures also sliding by ₹208 to trade at ₹1.54 lakh per 10 grams.

3

Analysts attribute the price correction to shifting global market sentiments and reduced demand, impacting jewellers across major cities like Mumbai and Chennai.