After months of relentless price hikes that saw gold hovering near the 1.5 lakh mark, there is finally a breather for consumers. Gold prices have witnessed a significant correction today compared to yesterday’s closing. Across major Indian cities, the yellow metal is trading lower, bringing a smile to the faces of middle-class families and jewelry enthusiasts.

In Kolkata, Mumbai, and Bengaluru, 22K gold is priced at ₹13,380 per gram, while 24K gold stands at ₹14,597 per gram. This is a noticeable drop from yesterday’s high of ₹14,891 for 24K in Kolkata. Delhi, Jaipur, and Chandigarh are seeing slightly higher rates at ₹14,612 per gram for 24K. Meanwhile, Chennai continues to be the most expensive at ₹14,858 per gram. Financial analysts suggest that this sudden dip is a tactical window for long-term investors before the next potential rally in the precious metals market.