Global EconomyKey levels to watch in future?•1 min read•10/24/2026 (1h ago)

Gold rates in Chennai city crash this week: Can yellow metal rebound ahead of Diwali

Gold rates in Chennai city crash this week: Can yellow metal rebound ahead of Diwali
60-Word AI Digest

Gold prices fell sharply this week as rising oil prices, inflation concerns and expectations of tighter US monetary policy pressured bullion. MCX futures dropped around 3.5%, while Chennai retail 24K gold prices declined 3.85% to ₹1,42,480 per 10 grams.

Key Takeaways

  • Gold prices fell sharply this week as rising oil prices, inflation concerns and expectations of tighter US monetary policy pressured bullion.
  • MCX futures dropped around 3.5%, while Chennai retail 24K gold prices declined 3.85% to ₹1,42,480 per 10 grams.
  • Full details and original dispatch available below.

Gold prices fell sharply this week as rising oil prices, inflation concerns and expectations of tighter US monetary policy pressured bullion. MCX futures dropped around 3.5%, while Chennai retail 24K gold prices declined 3.85% to ₹1,42,480 per 10 grams.

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Gold rates in Chennai city crash this week: Can yellow metal rebound ahead of Diwali — Loop60