Delhi Gold Price Dips Marginally Amid Cooling Market
Gold prices in Delhi slipped marginally on July 24, following Thursday's correction after the sharp rally earlier in the week. The 24K gold rate eased by ₹1 to ₹14,632 per gram, while 22K gold fell to ₹13,414 per gram.
Despite two days of declines, gold remains well above its mid-July levels. This comes after a significant rally on July 22, where the price jumped ₹219 to ₹14,656 per gram, the highest level seen during the latest 10-day stretch.
The market has cooled since then, though not by much. The recent correction has taken just ₹24 off that peak, with gold still trading at the upper end of its recent range despite two consecutive sessions of declines.