Gold Prices dip Slightly on December 2, 2025

On December 2, 2025, 24K gold is priced at ₹1,30,200 per 10 grams, down ₹350 from the previous day.

Meanwhile, 22K gold stands at ₹1,19,350 per 10 grams.

Gold prices in India are influenced by international gold rates, the US dollar, and import duties.

Despite today’s dip, gold in India continues to cost more than in Dubai.

For example, 24K gold in Dubai is ₹1,12,816 per 10 grams—about 15.4% cheaper than in India.

Today’s Gold Rates Across Metro Cities (₹ per 10 grams)

Rates may differ slightly depending on jewellers, local taxes, and making charges.

Why Did Gold Prices Fall Today?

Gold prices edged lower as investors booked profits after recent gains.

Rising US Treasury yields and expectations of softer US inflation data also contributed to today’s dip.

The market is watching the US Federal Reserve closely.

While investors expect a potential rate cut, Fed chair Jerome Powell has not confirmed any easing, adding uncertainty to bullion markets.

Other factors influencing gold include global market trends, crude oil prices, and the strength of the US dollar.

A stronger dollar makes gold costlier for buyers using other currencies, which can reduce demand.

Outlook for Gold Investors

Analysts believe today’s drop is mainly due to profit booking and expect gold prices to consolidate in the near term.

If a US rate cut happens, gold could rise again.

Investors are advised to track both domestic and international trends before buying.

With gold often seen as a safe investment, timing and careful monitoring of global markets are key.