InterGlobe Aviation, the parent company of IndiGo, experienced a drop of over 3 per cent in its shares on Thursday as the airline faced widespread flight disruptions nationwide. The stock fell to Rs 5,405 in morning trading, hitting its lowest point in more than five months. This decline continued for a second consecutive session after IndiGo encountered one of its most significant operational challenges in recent years, with approximately 200 flights cancelled on Wednesday, reported news agency IANS. The disruptions were mainly caused by a severe shortage of crew members, especially pilots, following the introduction of revised Flight Duty Time Limitation (FDTL) regulations last month. The new rules require airlines to provide more rest hours and humane work schedules for crew members. IndiGo has struggled to quickly adjust its network to comply with these changes. According to the IANS, the impact carried over to Thursday, with nearly 73 flights cancelled at Bengaluru’s Kempegowda International Airport, adding to passenger inconvenience. In response to the widespread cancellations, IndiGo issued an apology, acknowledging the major disruptions across its network over the past two days. The airline cited multiple unforeseen challenges, including minor technical glitches, winter schedule adjustments, bad weather, increased air traffic congestion, and the rollout of updated crew rostering rules, which collectively created a difficult-to-anticipate situation, reported IANS. To stabilise operations, IndiGo has implemented calibrated schedule adjustments that will remain in place for the next 48 hours. The airline expects these measures to restore normal operations and gradually improve punctuality. Meanwhile, the aviation regulator DGCA has launched an investigation into the disruptions. The watchdog has asked IndiGo to submit a detailed report explaining the reasons behind the cancellations and its plans to reduce delays and minimise passenger inconvenience. On Tuesday, IndiGo shares had already fallen around 2 per cent to close at Rs 5,595.50. Despite slipping nearly 6 per cent over the past five days, the stock remains more than 2 per cent higher than its level six months ago. ALPA urges DGCA to review pilot availability amid rising cancellations The Airline Pilots’ Association of India (ALPA) on Thursday raised concerns over recent flight cancellations across the country, which have been largely attributed to a pilot shortage linked to new Flight Duty Time Limit (FDTL) regulations. The association questioned whether the crisis stems from poor airline planning, regulatory oversight by the Directorate General of Civil Aviation (DGCA), or a combination of factors affecting market fairness. ALPA highlighted that airlines, including IndiGo, were aware of the revised FDTL norms issued by the DGCA in January 2024, with phased implementation beginning later that year. Despite sufficient lead time, many carriers reportedly failed to properly adjust crew rosters 15 days in advance as required, suggesting an initial underestimation or delay in strategic planning to ensure adequate pilot availability. Aviation experts have also speculated that some airlines might be using flight delays and cancellations as an “immature pressure tactic” to compel regulators to relax or grant dispensations for the stricter FDTL norms, potentially compromising the safety intent of these rules designed to reduce pilot fatigue. (With IANS inputs)
04 December,2025 11:52 AM IST | New Delhi | mid-day online correspondentGold prices in India saw a modest uptick in early trade on Thursday, with the rate of 24-carat gold rising by Rs 10 to Rs 1,30,590 per 10 grams. Silver prices also strengthened, gaining Rs 100 to trade at Rs 1,91,100 per kilogram. The price of 22-carat gold rose by Rs 10 as well, with ten grams selling at Rs 1,19,710. Across major cities, ten grams of 24-carat gold was priced at Rs 1,30,590 in Mumbai and Kolkata, Rs 1,31,580 in Chennai, and Rs 1,30,740 in Delhi. For 22-carat gold, the rate stood at Rs 1,19,710 in Mumbai, Kolkata, Bengaluru, and Hyderabad, and at Rs 1,20,610 in Chennai. In Delhi, the price was Rs 1,19,860 per 10 grams. Silver prices remained uniform at Rs 1,91,100 per kilogram in Delhi, Kolkata, and Mumbai, while Chennai recorded a higher rate of Rs 2,01,100 per kilogram. Global Market Trends In international markets, gold prices held firm above the USD 4,200 mark on Thursday, supported by weaker US private payrolls data that bolstered expectations of an interest rate cut at next week’s US Federal Reserve meeting. Spot gold was steady at USD 4,207.56 per ounce (as of 0104 GMT), while US gold futures for December delivery inched up 0.1 percent to USD 4,237.50 per ounce. Other precious metals were mixed: silver slipped 0.2 per cent to USD 58.39 per ounce, platinum declined 0.8 per cent to USD 1,657.70, and palladium fell 0.9 per cent to USD 1,446.50. Domestic Market Movement On Wednesday, gold prices in the national capital surged by Rs 670 to Rs 1,32,200 per 10 grams, driven by firm global cues and a sharp decline in the rupee, according to the All India Sarafa Association. The metal had closed at Rs 1,31,530 per 10 grams on Tuesday. Traders attributed the rise to the rupee dropping to an all-time low against the US dollar, which made bullion more expensive. The currency breached the Rs 90-per-dollar mark for the first time, settling at 90.21 (provisional), down 25 paise from its previous close amid persistent foreign fund outflows and elevated crude oil prices. Silver, however, ended its six-day winning streak, falling by Rs 460 to Rs 1,80,900 per kilogram (inclusive of taxes). Globally, spot gold was trading slightly higher at USD 4,207.67 per ounce, while silver rose to USD 58.47 per ounce, briefly touching a record high of USD 58.94 earlier in the session.
04 December,2025 10:38 AM IST | Mumbai | mid-day online correspondentThe rupee slumped 28 paise to an all-time low of 90.43 against the US dollar in early trade on Thursday, amid substantial foreign institutional investor outflows and restrained intervention from the Reserve Bank of India. Forex traders said that restrained central bank intervention ahead of the crucial Monetary Policy Committee (MPC) decision and significant dollar demand from importers have exerted persistent downward pressure on the local currency. At the interbank foreign exchange market, the rupee opened at 90.36. It slipped further to a record low of 90.43 against the greenback in initial deals, registering a loss of 28 paise from its previous closing level. On Wednesday, the rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 against the greenback. Meanwhile, Chief Economic Adviser V Anantha Nageswaran on Wednesday said the falling rupee is not affecting inflation or exports. A falling rupee helps outward shipment but makes imports costlier. Import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, putting pressure on inflationary expectations, he said at an event on Wednesday. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.14 per cent higher at 98.99. Brent crude, the global oil benchmark, rose 0.49 per cent to USD 62.98 per barrel in futures trade. Forex traders believe investors are adopting a cautious stance amid ongoing trade tensions with the US, with expectations of a settlement towards the end of the year. "It seems that until the trade deal comes, we may see the rupee weaken further, and it may reach the levels of 91.00 soon. With a weak rupee, we do not expect the RBI to cut rates on Friday," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. On the macroeconomic front, India's GDP has already surprised on the upside, and the latest HSBC India Services PMI a key index that measures whether businesses are growing or slowing rose to 59.8 in November, supported by strong new orders. "But the currency market isn't trading on growth headlines anymore. It wants stability, clear policy guidance and maybe a trade deal that doesn't keep slipping away," CR Forex Advisors MD Amit Pabari said. Pabari further added that "now all eyes turn to RBI Governor Sanjay Malhotra on December 5. Investors aren't just listening to rate decisions. They want to hear his voice on the rupee." The decision of the RBI Governor Sanjay Malhotra-headed six-member rate-setting panel will be announced on Friday. The meeting is taking place against the backdrop of falling inflation, rising GDP growth, the rupee crossing 90 against the dollar and ongoing geopolitical tensions. On the domestic equity market front, Sensex rose 45.99 points to 85,152.80 in early trade, while Nifty was up 14.35 points to 26,000.35. Foreign institutional investors sold equities worth Rs 3,206.92 crore on a net basis on Wednesday, according to exchange data. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
04 December,2025 10:24 AM IST | Mumbai | PTIThe rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued. However, a weaker dollar index and a fall in global crude oil prices cushioned against a steeper decline, according to forex traders. At the interbank foreign exchange, the rupee opened at 89.96 against the greenback and slipped to a record intra-day low of 90.15 before recovering some ground to trade at 90.02, down 6 paise from its previous close. On Tuesday, the rupee settled 43 paise down at an all-time closing low of 89.96 against the US dollar, largely owing to continued short-covering from speculators and sustained importer demand for the American currency. "The rupee has been weakening with the Government of India and the Reserve Bank of India (RBI) wanting to help exporters and may have kept the dollar well bid in the past few days," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said. "Nationalised banks were buying dollars at higher levels consistently yesterday (Tuesday)... There was a deal at 90.0050 after the close of market hours on the trading platform. The stalled India-US trade talks and heavy FPI outflows are causing this fall in rupee despite a weakening dollar index," he said. Bhansali said the rupee might hit 91 levels in this cycle if the RBI support eases at 90. The MPC meeting starts on Wednesday and the interest rate decision will be declared on December 5 ahead of the Fed interest rate decision on December 10. "A rate cut by the RBI could invite further selling of the rupee," he added. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent lower at 99.22. Brent crude, the global oil benchmark, was trading 0.03 per cent lower at USD 62.43 per barrel in futures trade. On the domestic equity market front, Sensex declined 165.35 points to 84,972.92 in early trade, while Nifty was down 77.85 points to 25,954.35. Foreign Institutional Investors sold equities worth Rs 3,642.30 crore on Tuesday, according to exchange data. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
03 December,2025 10:51 AM IST | Mumbai | PTIGold prices saw a slight dip in India on Wednesday, with the cost of both 24-carat and 22-carat variants edging lower in early trade. The price of 24-carat gold fell by Rs 10, bringing the rate for ten grams to Rs 1,29,860. Silver prices also registered a decline, dropping by Rs 100 to Rs 1,87,900 per kilogram. Similarly, ten grams of 22-carat gold were priced at Rs 1,19,040, reflecting a Rs 10 decrease from the previous session. The decline in prices was consistent across major metropolitan markets, although regional variations persisted. In Mumbai and Kolkata, ten grams of 24-carat gold were priced at Rs 1,29,860, while Chennai recorded a slightly higher price of Rs 1,31,340. In the national capital Delhi, the rate for ten grams of 24-carat gold stood at Rs 1,30,010. Prices for 22-carat gold followed a similar trend. The rate in Mumbai, Kolkata, Bengaluru, and Hyderabad remained steady at Rs 1,19,040, while Chennai reported a higher price of Rs 1,20,390. In Delhi, ten grams of 22-carat gold were priced at Rs 1,19,190. Silver prices also varied across regions. A kilogram of silver was priced at Rs 1,87,900 in Delhi, Mumbai, and Kolkata, while Chennai continued to trade at a higher rate of Rs 1,95,900 per kilogram. On the international front, gold prices held steady after a sharp 1 per cent decline in the previous session. Market sentiment remained subdued as firm US Treasury yields and a rebound in equities exerted pressure on the precious metal. Investors are now closely watching key US economic data expected later this week, which may provide insight into potential interest rate cuts. As of 0028 GMT, spot gold was trading at USD 4,207.43 per ounce, while December gold futures rose 0.5 per cent to USD 4,239.50 per ounce. Among other precious metals, silver slipped 0.2 per cent to USD 58.32 per ounce, platinum declined 0.4 per cent to USD 1,631.10, and palladium fell 0.6 per cent to USD 1,458.83, reflecting a cautious global commodities market. The domestic and international movements indicate that investors are maintaining a wait-and-watch approach ahead of significant economic cues that could shape metal prices in the coming days.
03 December,2025 10:15 AM IST | Mumbai | mid-day online correspondentGold prices recorded a modest rise in early trade on Tuesday, continuing the steady upward trend seen over the past week. According to market data, the price of 24-carat gold increased by Rs 10, with ten grams of the pure gold variety trading at Rs 1,30,490. Silver prices also saw an uptick, rising by Rs 100 to reach Rs 1,88,100 per kilogram. Similarly, the price of 22-carat gold — the preferred choice for jewellery buyers — also climbed by Rs 10. Ten grams of 22-carat gold were retailing at Rs 1,19,610, reflecting the marginal but consistent movement in domestic bullion prices. City-wise gold rates In Mumbai and Kolkata, key hubs for gold trade, the price of ten grams of 24-carat gold stood at Rs 1,30,490, mirroring the national trend. Bengaluru and Hyderabad also recorded similar pricing levels for 24-carat and 22-carat gold. In Chennai, however, the price was marginally higher, with ten grams of 24-carat gold selling at Rs 1,31,680. In the national capital, Delhi, the price of 24-carat gold reached Rs 1,30,640 for ten grams, showing a slight increase compared to the previous session. For 22-carat gold, the price in Mumbai, Kolkata, Bengaluru, and Hyderabad remained stable at Rs 1,19,610 for ten grams. Chennai once again saw higher prices, with the same quantity costing Rs 1,20,710. In Delhi, the 22-carat gold rate stood at Rs 1,19,760. Silver prices across major cities Silver prices also moved upward, in line with global market sentiment. In Mumbai, Delhi, and Kolkata, one kilogram of silver was priced at Rs 1,88,100. Chennai recorded a noticeable premium, with silver trading at Rs 1,96,100 per kilogram, likely due to local demand and supply factors. Global market trends In international markets, gold prices edged slightly lower during early Asian trading on Tuesday. This pullback came after the metal touched a six-week high in the previous session, prompting investors to book profits ahead of key economic cues. Market participants are closely watching upcoming comments from the US Federal Reserve Chair and crucial economic data that could offer insights into potential interest rate cuts. Spot gold slipped 0.2 per cent to USD 4,222.93 per ounce as of 0024 GMT, after briefly reaching its strongest level since October 21. US gold futures for December delivery were down 0.4 per cent at USD 4,256.30 per ounce. Among other precious metals, silver fell 1 per cent to USD 57.40 per ounce, platinum declined 0.3 per cent to USD 1,652.05, while palladium rose 0.22 per cent to USD 1,427.22, reflecting mixed sentiment across the global metals market.
02 December,2025 10:56 AM IST | Mumbai | mid-day online correspondentGold and silver prices surged in India on Monday as growing expectations of an interest rate cut in the United States drove investor sentiment, pushing the precious metals higher. Silver, in particular, hit a record high in the domestic spot market. The price of 24-carat gold slipped marginally by Rs 10 in early trade, with ten grams trading at Rs 1,29,810. Silver prices also declined slightly by Rs 100, with one kilogram priced at Rs 1,84,900. The price of 22-carat gold fell by Rs 10, bringing ten grams to Rs 1,18,990. In Mumbai and Kolkata, ten grams of 24-carat gold were priced at Rs 1,29,810, while in Chennai it stood at Rs 1,30,680. In Delhi, the price was Rs 1,29,960. For 22-carat gold, Mumbai, Kolkata, Bengaluru and Hyderabad recorded prices of Rs 1,18,990 per ten grams, Rs 1,19,790 in Chennai, and Rs 1,19,140 in Delhi. Silver, meanwhile, touched a new peak in the domestic market. According to the India Bullion Association, spot silver traded at ₹1,75,010 per kilogram on December 1. The sharp rise followed a trading outage at the Chicago Mercantile Exchange due to a data-centre fault, exacerbating an ongoing supply shortage. In the global market, gold prices edged lower as investors booked profits after the metal touched its highest level in nearly three weeks. Spot gold was down 0.2 per cent at USD 4,221.68 per ounce as of 0109 GMT, after hitting its strongest level since November 13. US gold futures for December delivery were up 0.2 per cent at USD 4,261.60 per ounce. Silver climbed 2.2 per cent to a fresh high of USD 57.59 per ounce. US rate futures indicate strong expectations of a rate cut, with traders pricing in an 87 per cent probability of monetary easing later this month, according to the CME FedWatch tool. Among other precious metals, platinum slipped 0.2 per cent to USD 1,669.15, while palladium rose 2.3 per cent to USD 1,483.51. The precious metals market is expected to remain sensitive to further signals from the US Federal Reserve. Bank of America earlier this week said that gold could touch USD 5,000 with macro tail winds such as elevated government debt levels, persistent inflation, lower interest rates, and unconventional US economic policies. They noted that institutional allocations remain relatively light even as prices climb. Slowing demand from China, supply constraints in key mined metals and low global inventories are other key watch points, according to the bank. (With inputs from Agencies)
01 December,2025 10:18 AM IST | Mumbai | mid-day online correspondentGold prices continued their upward momentum in the domestic futures market on Friday, November 28, fuelled by expectations of an interest rate cut by the US Federal Reserve next month. On the Multi Commodity Exchange (MCX), Gold December futures closed 1.13 per cent higher at Rs 1,26,920 per 10 grams, while Silver March contracts edged up 0.21 per cent to Rs 1,75,340 per kg. According to India Bullion data, the price of 24-carat gold stood at Rs 1,27,580 per 10 grams at 6:55 am on Saturday, November 29. The 22-carat gold rate was Rs 1,16,948 per 10 grams, while silver (999 fine) was priced at Rs 1,72,740 per kg. Gold has delivered exceptional long-term returns, surging nearly 1,500 per cent over the last two decades—rising from Rs 7,638 per 10 grams in 2005 to more than Rs 1,25,000 in 2025 (as of September). The precious metal has also gained 56 per cent year-to-date (YTD), supported by global economic uncertainty and strong investment demand. Below are the latest retail gold and silver prices across major Indian cities. Customers should note that retail rates may vary as jewellers apply making charges, taxes and GST. Gold and Silver Prices in Major Cities (November 29): Mumbai 24K gold: Rs 1,27,350/10g 22K gold: Rs 1,16,738/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,430/kg MCX silver (999): Rs 1,71,850/kg Delhi 24K gold: Rs 1,27,130/10g 22K gold: Rs 1,16,536/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,130/kg MCX silver (999): Rs 1,71,850/kg Kolkata 24K gold: Rs 1,27,180/10g 22K gold: Rs 1,16,582/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,200/kg MCX silver (999): Rs 1,71,850/kg Ahmedabad 24K gold: Rs 1,27,520/10g 22K gold: Rs 1,16,893/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,660/kg MCX silver (999): Rs 1,71,850/kg Bengaluru 24K gold: Rs 1,27,450/10g 22K gold: Rs 1,16,921/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,570/kg MCX silver (999): Rs 1,71,850/kg Hyderabad 24K gold: Rs 1,27,550/10g 22K gold: Rs 1,15,143/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,700/kg MCX silver (999): Rs 1,71,850/kg Chennai 24K gold: Rs 1,27,720/10g 22K gold: Rs 1,17,077/10g MCX gold: Rs 1,26,920/10g Silver bullion: Rs 1,72,930/kg MCX silver (999): Rs 1,71,850/kg
29 November,2025 11:46 AM IST | Mumbai | mid-day online correspondentThe National Company Law Tribunal (NCLT), Mumbai, has approved the One-Time Settlement Scheme between National Spot Exchange Limited (NSEL) and traders on Friday. NSEL, with the support of its parent company, 63 Moons Technologies Limited, had filed a Scheme of Settlement before the Hon’ble NCLT, Mumbai, for a one-time amicable full and final settlement with 5,682 traders. The Scheme of Settlement was put to a vote by the Hon’ble NCLT, wherein a whopping 92.81 per cent of traders by number and 91.35 per cent by value voted in favour of the One-Time Settlement. The Settlement Scheme envisages payment of Rs. 1,950 crores to 5,682 traders in proportion to their outstanding balances as of 31 July 2024, in exchange for the closure of legal cases against the group, along with the assignment of all rights of traders in favour of 63 Moons. Back in August 2013, NSEL, with the support of 63 Moons, had paid around Rs. 179 crores, providing relief to 7,053 smaller traders with outstanding balances of less than Rs. 10 lakh. 63 Moons has once again stood up for the cause of traders, despite no direct money trail to NSEL, 63 Moons, or its promoters. This decision will bring major relief to traders whose funds were stuck in the NSEL payment crisis of July 2013. Neeraj Sharma, MD and CEO of NSEL, said, “This would not have been possible without the positive approach of the present BJP government (Central and State) in resolving the crisis, which was not addressed by P. Chidambaram and the UPA-2 government, for reasons best known to them.” Dr Sharad Kumar Saraf, Chairman of the NSEL Investors’ Forum (NIF), expressed gratitude for the efforts of 63 Moons and NSEL, along with the support from the Central and State governments, in achieving this closure. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
28 November,2025 06:08 PM IST | Mumbai | A CorrespondentGold and silver prices on Friday too saw a decent inclination in the domestic futures market as strong spot demand and expectations of a US Federal Reserve rate cut lifted investor sentiment. As reported by news agency IANS, MCX gold December futures during the early hours of Friday were trading 0.39 per cent higher at Rs 1,25,999 per 10 grams, while MCX silver December contracts were up 0.85 per cent at Rs 1,63,849 per kg. However, the exchange prices did not make a significant difference in retail prices of the yellow metal. The price of 10 grams of 24-carat gold in Mumbai on Friday at 12 noon was recorded at Rs. 1,27,880, which is marginally lower than Thursday. While expressing their views on MCX Gold, the market experts further asserted, “MCX Gold futures are now approaching a critical resistance zone between Rs 1,26,800 and Rs 1,27,500,” as cited by news agency IANS. “A decisive daily close above this band can trigger a fresh rally toward Rs 1,29,000– Rs 1,30,500 in the coming sessions,” they added. Gold prices in Mumbai The ongoing wedding season across India has surely made the demand for the yellow metal quite significant. Despite the fact that gold remains one of the costliest metals for jewellery across the globe, people are mostly interested in buying it rather than any other metal. Talking about the prices, 10 grams of 24-carat gold in Mumbai on Thursday was recorded at Rs. 1,27,880. While 22 carats of gold was priced at Rs. 1,17,230 for 10 grams. Gold prices in Delhi While the prices in Mumbai did experience a slight decline on Thursday, the national capital also recorded a slightly lower price for gold. The price for 10 grams of 24-carat gold in Delhi on Sunday was recorded at Rs 1,28,020. At the same time, the price of 22-carat gold was recorded at Rs. 1,17,370 for 10 grams. Talking about the global factors affecting the gold prices, the recent economic data has increased expectations of a further possible rate cut in December. Furthermore, the traders said that gold prices have been supported by healthy demand in the physical market during the ongoing wedding season, reported IANS. (With inputs from IANS)
28 November,2025 12:33 PM IST | Mumbai | mid-day online correspondentAmid the critical geopolitical tensions, the prices of gold and silver fell in early trade on the MCX on Thursday. After experiencing a rally in the last few weeks, the yellow metal, along with silver, declined significantly, as per IANS. The decline came even as investors continued to watch for signals from the US Federal Reserve ahead of its monetary policy meeting next month. Apart from the MCX, the price of gold in Mumbai also experienced a slight drop in prices that has again made the customers a lot more interested in buying it. With 24-carat gold priced at Rs. 1,28,060 for 10 grams, the prices of silver were recorded at Rs. 1,61,269 per kg. During early trade, MCX Gold December futures were down 0.36 per cent at Rs 1,25,480 per 10 grams, while MCX Silver December contracts slipped 0.20 per cent to Rs 1,60,950 per kg. Experts, while addressing the change in prices, said, “In INR, gold has support at Rs1,25,350-1,24,780 while resistance at Rs1,26,650-1,27,100. Silver has support at Rs 1,60,350-1,59,600 while resistance is at Rs 1,62,110, 1,63,000,” as per IANS. Gold prices in Mumbai The ongoing wedding season across India has surely made the demand for the yellow metal quite significant. Despite the fact that gold remains one of the costliest metals for jewellery, people are mostly interested in buying it rather than any other metal. Talking about the prices, 10 grams of 24-carat gold in Mumbai on Thursday was recorded at Rs. 1,28,060. While 22 carats of gold was priced at Rs. 1,17,400 for 10 grams. Gold prices in Delhi While the prices in Mumbai did experience a hike on Thursday, the national capital also recorded a slightly higher price for gold. The price for 10 grams of 24-carat gold in Delhi on Sunday was recorded at Rs 1,28,200. At the same time, the price of 22-carat gold was recorded at Rs. 1,17,540 for 10 grams. Talking about the global factors affecting the gold prices, the recent economic data has increased expectations of a further possible rate cut in December. US retail sales grew at a slower pace than expected in September, rising 0.2 per cent compared to a 0.6 per cent increase in August, reported IANS. (With inputs from IANS)
27 November,2025 11:53 AM IST | Mumbai | mid-day online correspondentADVERTISEMENT
