Signal Desk · Markets

Gold, silver prices fall sharply in India on November 1

2026-11-01 · 1 source · Mint Markets

In short

Gold and silver prices fell sharply in India on November 1. Gold dropped ₹3,200 to ₹1,42,000 per 10 grams, and silver fell to ₹1,86,000 per kilogram.

The move matters for buyers, traders and investors in bullion. The report points to energy prices, inflation and Fed expectations, but it does not say what will happen next.

What the reporting says

Gold and silver prices fell sharply in India on November 1, with gold down ₹3,200 to ₹1,42,000 per 10 grams and silver down to ₹1,86,000 per kilogram. The publisher-supplied summary pointed to energy prices, inflation and Federal Reserve expectations as factors weighing on sentiment, but it did not provide a full explanation or confirm any policy move. The immediate market impact was lower bullion prices in India.

Why it matters

Gold and silver prices fell sharply in India on November 1, with gold at ₹1,42,000 per 10 grams and silver at ₹1,86,000 per kilogram, according to the publisher-supplied summary. The report linked the move to energy prices, inflation and Federal Reserve sentiment. It did not state whether the decline was temporary, nor did it provide a confirmed policy or supply trigger.

Touches: Commodities, Inflation, Global, Markets

Sources