Gold Prices Slip in India and UAE on November 24 as New Week Opens
Pure gold rates drop ₹21-28 per gram in India and AED 3-4 per gram in the UAE, marking a mild correction after Friday’s small gains.
Mumbai / Dubai – Gold became a little cheaper on Monday, November 24, as the fresh trading week began.
In India, the benchmark 24-carat (24K) pure gold fell ₹28 to ₹12,439 for one gram, according to local bullion dealers. The 22-carat variety lost ₹25 and is now quoted at ₹11,403 per gram, while 18-carat gold eased ₹21 to ₹9,329 per gram.
Across the UAE, the yellow metal followed the same mild downtrend. A gram of 24K gold is now AED 478, down AED 4 from the previous close. Twenty-two-carat gold slipped AED 3.67 to AED 438.50 per gram, and 18-carat gold is down AED 3 at AED 358.50 per gram.
Market watchers describe the dip as a routine technical correction after prices edged higher on Friday. With no major global triggers over the weekend, buyers returned from the Diwali break to slightly lower quotes.
Jewellers say the small drop could bring footfall back to stores ahead of the winter wedding season, while investors may view the correction as a short-term entry point.
Daily rates can vary marginally from city to city because of local taxes and transport costs. Consumers are advised to check the exact price with registered dealers before making a purchase.
