Spot gold fell 1.8 per cent to $4,407.06 per ounce by 1:30 pm ET (17.30 GMT), after falling over 8 per cent earlier in the session. U.S. gold futures settled 3.7 per cent lower at $4,407.30. The headline triggered broad reversals across markets — metals, energy and equities alike,” said David Meger, director of metals trading at High Ridge Futures. Back home, gold prices slumped by ₹9,050 to ₹1.43 lakh per 10 grams while silver tumbled ₹10,500 to ₹2.30 lakh per kg in Delhi on Monday. In Calcutta, pure gold fell by ₹8750 to ₹1,44,400 per 10 gram, while hallmark gold dropped ₹8,400 to ₹92,650.
Source: The Telegraph March 24, 2026 01:58 UTC