Archive · 13 Aug 2025
Gold Prices Plunge in India Amid Global Market Sell-Off
Imagine gold is like a valuable thing, and its price changes.
Recently, the price of gold in India went down by Rs 1,000.
This happened because people were selling gold worldwide.
Also, the US President said there wouldn't be extra taxes on gold coming in, and the US is pausing extra taxes on goods from China.
Silver's price also went down, similar to gold.
This price decrease followed market movements and trade policy changes.
Gold prices in India fell by Rs 1,000 to Rs 1,01,520 per 10 grams.
The price drop was influenced by a global market sell-off.
US President Trump clarified no tariffs on gold imports.
The White House extended suspended tariffs on China.
Silver prices also decreased, falling by Rs 2,000 per kg.
- Who
- Gold buyers and sellers.
- What
- Gold prices decreased.
- When
- August 12.
- Where
- India and global markets.
- Why
- Due to a global market sell-off, US President Trump's statement on tariffs, and the White House's extension of suspended tariffs on China.
Market Sell-Off Concerns
Relief from Tariff Announcements
Price Dynamics
Market Sell-Off Concerns
Falling gold prices due to global market sell-off.
Relief from Tariff Announcements
Decreasing gold prices due to US tariff clarifications.
- Gold price drop (India)
- Rs 1,000 per 10 grams
- Price of gold (India)
- Rs 1,01,520 per 10 grams
- Silver price drop
- Rs 2,000 per kg
- Global spot gold price
- $3,347.18 per ounce
- Global spot silver price
- $37.90 per ounce
Sources
Gold plunges Rs 1,000 amid sell-off in global markets
Gold plunges ₹1,000 amid sell-off in global markets
Gold Plunges ₹1,000 Amid Sell-Off In Global Markets
Gold nosedives Rs 1,000 amid sell-off in global markets
