Gold Price Wedding Season – Gold Price Falls, Check Latest 24K, 22K, 18K Prices Per 10 Grams – Times Bull
With the wedding season in full swing, precious metal prices are on the move—and buyers just got a breather. After ticking lower in early November, both gold and silver slipped again on November 17, offering a timely dip for shoppers planning jewellery purchases.
Latest price snapshot after the dip
Benchmarks show a notable cool-off:
- Gold eased by about ₹2,080 to roughly ₹1,22,714 per 10 grams (down from around ₹1,24,794).
- Silver slid by approximately ₹5,237 to near ₹1,54,130 per kilogram (from about ₹1,59,367).
For those eyeing bridal sets or investment bars and coins, this pullback could translate into meaningful savings—especially before demand typically intensifies deeper into the season.
Indicative 24K, 22K, 18K gold rates (per 10 grams)
- 24K (999): ₹1,22,714
- 22K (916): ~₹1,12,489
- 18K (750): ~₹92,036
Note: These are indicative conversions based on the latest 24K benchmark and do not include making charges, GST, city premiums, or jeweller margins. Actual tags vary by location and retailer.
Why prices keep swinging
- Global cues: International spot prices and bullion futures set the tone for domestic rates.
- Rupee vs. dollar: A weaker rupee makes imported gold costlier; a stronger rupee can cushion prices.
- Seasonal demand: Festive and wedding buying tends to tighten supply and nudge prices higher.
Buy now or wait?
There’s no one-size-fits-all answer. Short-term moves hinge on global yields, central bank signals, and currency moves, while wedding demand can steady prices locally. If you’re planning a purchase:
- Stagger buys: Consider splitting your order to average out price swings.
- Compare making charges: These can vary widely and often matter more than small price dips.
- Clarify purity and buyback: Ensure BIS hallmarking, and ask about exchange or resale terms.
Bottom line: Prices have softened into the wedding rush, opening a window for value-conscious buyers. Keep an eye on intraday updates and local quotes before you lock in your purchase.
Disclaimer: Rates above are indicative as of November 17 and may change without notice. Always check live prices and final invoice components (purity, making charges, GST) with your jeweller.
