Gold Rate Today falls after PM Modi’s appeal amid US-Iran tensions. Check latest gold and silver prices and market updates in India.

Gold Rate Today witnessed a noticeable decline on Monday after Prime Minister Narendra Modi urged citizens to avoid gold purchases for one year amid global economic uncertainty and rising tensions between the US and Iran.

During a public rally in Hyderabad, the Prime Minister emphasized the need to conserve foreign exchange reserves and reduce unnecessary imports. Following this appeal, Gold Rate Today showed a downward trend across major Indian cities.

Gold Rate Today: Why Prices Are Falling?

The drop in Gold Rate Today is linked to multiple global and domestic factors, including:

• US-Iran geopolitical tensions
• Rising global economic uncertainty
• Government focus on foreign exchange conservation
• Reduced domestic demand expectations

India, being one of the largest gold importers, is directly affected by such policy signals, making Gold Rate sensitive to demand shifts.

also read:- Gold Price In India Today: 24K, 22K And 18K Rates Increase Across India

Gold Rate Today: Latest Prices in India

The current Gold Rate shows a decline across categories:

24 carat gold: ₹15,192 per gram (down ₹603)
22 carat gold: ₹13,915 per gram (down ₹552)

In the last week, Gold Rate has seen a drop of nearly 1.84%, reflecting market volatility.

City-Wise Gold Rate Today Update

Delhi: ₹1,51,920 per 10 grams
Mumbai: ₹1,52,077 per 10 grams
Kolkata: ₹1,53,205 per 10 grams
Chennai: ₹1,53,357 per 10 grams

Across all metro cities, Gold Rate shows a consistent downward trend.

Silver Price Update Alongside Gold Rate

While Gold Rate is falling, silver has shown mixed movement. The average silver price stands at around ₹2,62,557 per kg, with slight fluctuations in different cities.

Global Factors Impacting Gold Rate

Experts say Gold Rate is influenced by:

• US dollar strength
• Global supply chain disruptions
• Interest rate trends
• International demand for precious metals

Additionally, MCX futures also reflect stability with minor fluctuations in both gold and silver contracts.