Negative impactCommodity
Silver, gold prices today: 24K gold slips to ₹1.37 lakh, silver below ₹1.80 lakh/kg; check latest 24K, 22K gold rates
Mint 2 hrs ago·2 Nov 2026, 3:05 pm
In the latest IBJA evening fixing on Nov 2, the price of 24‑karat gold slipped by about ₹2,530, settling at roughly ₹1,37,524 per 10 grams. The 22‑karat benchmark fell to around ₹1,25,990, while silver dropped ₹1,372 to trade near ₹1,79,972 per kilogram.
The dip mirrors a broader pull‑back in precious‑metal demand as investors react to easing inflation expectations and a stronger rupee. Lower gold costs can benefit jewelers ahead of the festive season, but they also affect the valuation of gold‑linked financial products and the safe‑haven sentiment of retail investors.
Investors will now watch global cues such as US rate decisions and dollar strength, along with domestic factors like the RBI’s policy stance and upcoming wedding‑season buying. Any surprise in these areas could push gold and silver prices higher or lower.
Excerpt from Mint
Gold and silver prices declined in the latest IBJA evening fixing on 2 November. 24K gold fell ₹ 2,530 to ₹ 1,37,524 per 10 grams, while 22K gold dropped to ₹ 1,25,990. Silver prices declined ₹ 1,372 to ₹ 1,79,972 per kg. Gold and silver prices witnessed a decline in the domestic bullion market on Monday, 2 November,…Read the original at Mint
Key takeaways
- Category: Commodity.
- AI reads the tone as negative (potentially bearish) for the stock.
Why it matters
A routine update. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
