Gold prices witnessed a decline across several major jewellery retailers giving buyers a fresh reason to check market rates before making purchases. The latest movement reflects changing trends in the domestic precious metals market.
Gold Prices Fall at Major Jewellers
The 22-carat gold rate at Malabar Gold & Diamonds and Joyalukkas stood at ₹12,590 per gram, compared with ₹12,695 per gram on the previous day. This represents a reduction of ₹105 per gram.
Meanwhile, Tanishq maintained its 22-carat gold price at ₹12,640 per gram, unchanged from the previous day.
Silver Market Update
Silver prices also remained under observation amid fluctuations in the precious metals market. The latest IBJA benchmark rate for 999-purity silver was ₹1,78,000 per kilogram, based on its November 13 closing data.
What Should Buyers Know?
Gold and silver prices can vary depending on the jeweller, city, purity and applicable taxes. Buyers should check the latest local rates before purchasing jewellery, as making charges and GST can increase the final bill.
