Gold Prices Plunge: Significant Drop in Gold Rates, What's a Tola Worth Today?

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News18•17-02-2026, 10:57
Gold Prices Plunge: Significant Drop in Gold Rates, What's a Tola Worth Today?
- •Gold prices in India fell sharply due to profit-booking and international market uncertainty ahead of US economic data.
- •22-carat gold decreased by Rs. 1,200 per tola, now at Rs. 1,43,390, offering relief for jewelry buyers.
- •24-carat gold dropped by Rs. 1,310 per tola, reaching Rs. 1,56,430, influenced by global trends.
- •18-carat gold saw a Rs. 980 decline per tola, trading at Rs. 1,17,320, presenting a budget-friendly buying opportunity.
- •Investors await US Federal Reserve decisions; dollar value and bond yields pressure gold, with market volatility expected.
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