Huge Drop in Gold Rate in India Again On May 14 ||Check Latest Prices Here

Gold prices in India today corrected for the second time this week, after a short-lived rebound seen yesterday. Both the 24-carat gold rate today and the 22-carat gold rate in India today have dropped, offering major relief to buyers, especially as the wedding season in India is currently in full swing, where heavy gold purchases are seen.

The decline in domestic gold prices is mainly due to easing geopolitical tensions between India and Pakistan. Meanwhile, international gold prices have also softened amid a de-escalation in US-China trade tensions, which had previously pushed global demand for gold.

What Is The Gold Rate In India today On May 14?

The 24 carat gold rate today slipped by Rs. 540 per 10 grams to cost Rs. 96,060 per 10 grams. While the 22-carat gold prices today fell by Rs. 500 per 10 grams to cost Rs. 88,050 per 10 grams. Similarly, the 18-carat gold rate today also decreased by Rs 410 per 10 grams, and it currently retails for Rs 72,040 per 10 grams.

In a similar manner, the cost of 100 grams of 22-carat gold today stands at Rs 8,80,500 after declining by Rs 5400. While the 24-carat gold price in India per 100 grams is now retailing at Rs 9,60,600 after dropping by Rs 5,400.