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Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction

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Summary

Gold prices have fallen 24% globally from their January peak, but domestic rates are down only 20%. Higher import duty, rupee depreciation and unusually high premiums in January explain why Indian buyers have seen a smaller correction.

Description from Livemint.

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  1. News Center Factuality: Mostly factual IN
    Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction - Livemint

    Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction Livemint Gold Prices Today Hyderabad: 22K, 24K Rates On Nov. 8 INDToday 22k gold and silver rates today (November 7, 2026): Check 24k, 22k, 20k and 18k gold...

  2. Livemint Center IN
    Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction

    Gold prices have fallen 24% globally from their January peak, but domestic rates are down only 20%. Higher import duty, rupee depreciation and unusually high premiums in January explain why Indian buyers have seen a smaller correction.

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