Gold Prices Fall ₹400 Amid Rising Oil Concerns

Gold prices fell by ₹400 to ₹1,49,200 per 10 grams in India on July 23, 2026.

This drop is because oil prices are going up, which makes people worry about inflation.

When inflation is high, central banks might keep interest rates high, which is bad for gold prices.

Silver also fell by ₹300 to ₹2,29,700 per kg.

Traders are worried because of tensions in the Middle East, which are making oil prices rise even more.

Analysts say gold might keep falling in the short term because of these worries.