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Gold rate in this UP city sees major crash; price plunges over ₹6,611 in just 3 days, slips below ₹1.36 lakh mark

AI Market Summary
Spot gold's 4.5% weekly drop, the sharpest since June, reflects renewed Fed rate-hike fears and oil-driven inflation risk. Higher real-rate expectations raise the opportunity cost of holding bullion, pressuring gold and gold-linked assets. The move matters because it signals tighter-policy risk can offset safe-haven demand, keeping near-term sentiment fragile.
Impact level
● High
Affected assets
NCCOGOLD2USD/USDT-1.07%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Gold price today in Meerut: The yellow metal fell ₹6,611 over three days, as global gold prices recorded their steepest weekly drop since June. On 15 November, gold and silver prices varied slightly across major Indian cities — check here...
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