The impact of international market fluctuations has hit the Kolkata gold market this Monday. Following global trends and a strengthening US Dollar, gold prices in the city saw a notable decline today.

Today’s Market Rates:

• 24 Carat: ₹15,917 per gram (Down by ₹49)
• 22 Carat: ₹14,590 per gram (Down by ₹45)
• 18 Carat: ₹11,938 per gram (Down by ₹36)

Market analysts suggest that uncertainty regarding US interest rates and global economic shifts are the primary drivers of this price correction. For many, gold remains a “Safe Haven Asset.” With the upcoming festive and wedding season, jewelers anticipate a surge in demand as buyers look to capitalize on this price dip. Experts advise consumers to always check for BIS Hallmarking to ensure purity before making any purchase.