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HomeNewsGold Price Today India Falls: MCX Futures Drop Amid Lower Fed Rate...

Gold Price Today India Falls: MCX Futures Drop Amid Lower Fed Rate Cut Hopes

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Gold prices fell across India’s domestic market on Friday, November 21, mirroring losses in the international bullion market. The drop was largely attributed to lower expectations for a US Federal Reserve rate cut next month.

The precious metal saw its December futures contract on the Multi Commodity Exchange (MCX) decline significantly.

Key Price Movements (as of November 21, 2:08 pm)

CommodityContractChangeRate
GoldMCX December FuturesDown $0.52\%$₹1,22,085 per 10 grams
SilverMCX December ContractsDown $1.82\%$₹1,51,345 per kg
Retail Standard Prices (India Bullions Data)Rate
24-Karat Gold (10 gm)₹1,22,710
22-Karat Gold (10 gm)₹1,12,484
Silver 999 Fine (1 kg)₹1,52,140

📊 City-Wise Gold Price Today India (24K & 22K)

Note: Retail prices listed below may be slightly higher as jewelers typically add making charges, taxes, and GST.

City24 Karat Gold Price (per 10 gm)22 Karat Gold Price (per 10 gm)
Mumbai₹1,22,480₹1,12,273
New Delhi₹1,22,200₹1,12,017
Kolkata₹1,22,250₹1,12,063
Ahmedabad₹1,22,580₹1,12,365
Bengaluru₹1,22,580₹1,12,365
Hyderabad₹1,22,680₹1,12,457
Chennai₹1,22,670₹1,12,448

Historical Context

Despite the recent dip, Gold Price Today India reflects a massive long-term surge in the metal’s value. Over the last two decades (2005 to 2025), gold prices have surged by over $1,200\%$, rising from ₹7,638 to over ₹1,25,000. On a year-to-date (YTD) basis, gold prices have gained $56\%$.

High-Impact Trending Tags:

This content is highly focused on price, so the tags must reflect the commodity, the location, the karat, and the financial market.

CategoryTrending TagWhy It Works
Commodity/Price#GoldPriceTodayThe essential, highest-volume search term for users checking current rates.
Market/Futures#MCXTargets traders and investors who follow the domestic futures market actively.
Specific Karat#22KGoldA highly specific tag capturing the majority of retail buyers who purchase 22-karat jewelry.
Location (General)#IndiaMarketsLinks the price report to the overall Indian financial landscape.
Related Metal#SilverPriceSilver is mentioned as it fell alongside gold, making this a relevant related search term.

End……..

Himanshi Srivastava
Himanshi Srivastava
Himanshi, has 1 years of experience in writing Content, Entertainment news, Cricket and more. He has done BA in English. She loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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