Gold Prices Fall 0.38% on December 2, 2025, Latest Rates in Major Cities

Mumbai, Dec 02 : Gold Rate Today in India (2 December 2025)

Gold prices declined on Tuesday, with 24K gold trading at ₹130,050 per 10 grams, down by ₹500 from the previous session. The price of 22K gold also slipped to ₹119,213 per 10 grams, marking a 0.38% dip, while 18K gold fell to ₹97,538.

The correction follows sustained highs over recent sessions, driven largely by global market cues.

India vs Dubai Gold Prices

Gold remains significantly costlier in India compared to Dubai.

India (24K): ₹130,050/10g

Dubai (24K): ₹112,816/10g

This reflects a 15.28% price gap, influenced by India’s import duty, GST, logistics costs, and making charges.

Gold Rate Today in India (₹ per 10 grams)
Type Today (₹) Yesterday (₹) Change (₹) Change (%)
24K 130,050 130,550 -500 -0.38%
22K 119,213 119,671 -458.30 -0.38%
18K 97,538 97,913 -375 -0.38%

As of Dec 02, 2025, 10:01 AM IST

Why Are Gold Prices Falling Today?

Gold prices slipped as investors opted for profit-booking following recent highs. The dip also comes amid:

Rising US Treasury yields

Expectations of softer US inflation data

Stronger US dollar, making gold costlier in other currencies

Market volatility due to the possibility of a US Fed rate cut

Fed Chair Jerome Powell has yet to signal easing, adding to uncertainty in bullion markets.

Gold Outlook for Investors

Analysts expect short-term consolidation in gold prices. A potential December Fed rate cut could support upward momentum. Markets are also awaiting delayed US economic data—expected to provide clearer direction.

Experts advise retail buyers to track global cues, not just domestic rates, before making purchase decisions.

Gold Rate Today in Major Metro Cities (₹ per 10 grams)
City 24K (₹) 22K (₹) 18K (₹)
Ahmedabad 130,220 119,368 97,665
Bengaluru 130,150 119,304 97,613
Chennai 130,430 119,561 97,823
Delhi 129,820 119,002 97,365
Hyderabad 130,250 119,396 97,688
Kolkata 129,880 119,057 97,410
Mumbai 130,050 119,213 97,538
Pune 130,050 119,213 97,538
Surat 130,220 119,368 97,665

Rates may vary across states due to taxes, logistics, and making charges.