Gold prices in Mumbai experienced a decline of 0.48% on October 25, 2024. The price of 24-carat gold was recorded at Rs 77,622, while the price for 22-carat gold was noted at Rs 73,850.
This drop followed a peak of Rs 78,387 on October 23, 2024. Despite this recent decrease, gold has shown significant gains this year, trading 23.01% higher compared to the beginning of 2024. Year-on-year, the yellow metal has surged by 28.03%, reflecting a robust demand in the spot market.
The fluctuations in gold prices continue to attract attention from investors and analysts as they monitor market trends and economic indicators.