Gold Prices in India Fall to ₹15,458/gram on Fed Rate Hike Fears
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AI-generated summary of the coverage listed below: On Monday, 24‑k gold in India dropped to ₹15,458 per gram, while 22‑k gold fell to ₹14,170, reflecting a broader decline in global bullion prices. Spot gold in New Delhi traded near USD 4,340 an ounce, down about 0.2 percent, after a 1.8 percent weekly loss. The fall is linked to rising U.S. inflation and expectations that the Federal Reserve may raise rates, strengthening the dollar and pressuring gold.
Covered by 6 outlets across the spectrum: 0% left, 50% center, 50% right.
Who is covering this story
- Center (3): Deccan Herald, Free Press Journal, The New Indian Express
- Right-leaning (2): Sunday Guardian, Deccan Chronicle
Sources
- Gold Price Today in Vietnam: Domestic Gold Falls VND 400,000 Per Tael Ahead of US Federal Reserve’s Policy Meeting – Check Details — Sunday Guardian (right-leaning)
- Gold Prices Today in India (September 13): 24K Gold Slips to 15,458 Per Gram; 22K at 14,170 After Recent Gains – Check City Wise Rates in Delhi, Mumbai, Bangalore & More — Sunday Guardian (right-leaning)
- Gold Falls Rs 500 On Crude Surge, Strong Dollar — Deccan Chronicle (right-leaning)
- Rupee falls to 95.84 as crude surges, West Asia tensions rise — Deccan Herald (center)
- Gold Slips As Fed Rate Hike Odds Hit 88%, Hot US Inflation And Crude Rally Pressure Bullion — Free Press Journal (center)
- Gold slides Rs 500 as oil surge, strong US dollar weigh on bullion — The New Indian Express (center)