Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Prices Plunge ₹1,600 in India Amid Strong Dollar and Crude Oil Surge

Guavy AI Editorial Team
Instruments
Oil Gold
Share

Gold prices plummeted by ₹1,600 to ₹1.52 lakh per 10 grams in India's national capital on Thursday, extending its losing streak for a fourth consecutive session.

The decline was attributed to a stronger US dollar and higher crude oil prices, which weighed heavily on the precious metal.

Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, noted that domestic gold prices edged lower amid weak global cues and subdued retail demand.

In overseas markets, spot gold fell USD 33.74, or nearly 1 per cent, to USD 4,253.61 per ounce, while silver depreciated by 1.4 per cent to USD 63.56 an ounce.

More on Commodities

Commodities 6m ago

Silver Price Steadies Amid Easing Inflation Concerns

Commodities 6m ago

Dollar Strength and Rising Yields Test Gold and Silver

Commodities 6m ago

Gold Prices Steady Despite Stronger Dollar and Higher Yields

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy