After a steep fall in the previous session, gold prices rebounded above the $4,000-per-ounce mark in the international bullion market on Tuesday, October 28. However, in India, the yellow metal continued to weaken.
According to data from Goodreturns, 24K gold fell by around ₹820 per 10 grams, while domestic prices stood as follows:
| Purity | Price (per 10 gm) |
|---|---|
| 24K | ₹1,22,460 |
| 22K | ₹1,12,250 |
| 18K | ₹91,840 |
Globally, gold climbed 0.9%, recovering part of Monday’s 3.2% drop, as reported by Bloomberg. The uptick followed announcements of new trade agreements between Washington and Beijing, covering tariffs and export controls.
Meanwhile, US Treasury yields inched higher, with traders still expecting the Federal Reserve to ease monetary policy this week — a move that typically dampens appetite for non-yielding assets such as gold.
On the Multi Commodity Exchange (MCX), gold futures for December 5, 2025, were trading near ₹1,21,043 per 10 grams, moving between ₹1,22,890 and ₹1,20,957 during the session — a marginal gain of 0.07%.
