Gold Rate Today, October 31: Why Are Gold Prices Falling? Check 18K, 22K And 24K Rates In Delhi, Mumbai, Chennai
India, Oct. 31 -- Indian rates for gold have witnessed another fall trend since Saturday, October 31, 2026. This is in view of the fears regarding rising inflation rate in the United States and possible increase in the interest rates by the US Federal Reserve in the near future.
As per reports released by Goodreturns, Indian gold price of 24-carat gold stands at Rs 13,888 per gram on Saturday after experiencing a fall of Rs 338 compared to the prices registered in the previous trading day. Likewise, there has been a fall of Rs 310 in 22-carat gold to stand at Rs 12,730 per gram while 18-carat gold fell by Rs 253 to reach Rs 10,416 per gram. This fall trend is experienced prior to the onset of the festive period known as Diwali.
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