Overview

• On October 2, Mumbai quoted 24K gold at Rs 1,18,690 per 10 grams and 22K at Rs 1,08,800, with rates excluding GST and making charges.
• News18 attributed Thursday’s decline to profit-booking, while reporting silver at Rs 1,50,900 per kilogram.
• City snapshots showed broad strength with minor variations, including Delhi at Rs 1,19,400 for 24K and Rs 1,09,460 for 22K per 10 grams.
• The Indian Express a day earlier listed per‑gram rates at 24K ₹11,864, 22K ₹10,875, and 18K ₹8,898 as prices pressed toward highs on safe-haven demand tied to U.S. shutdown risks.
• Experts cited by News18 expect the bull run to persist with volatility, with PL Capital’s Sandip Raichura projecting potential international prices beyond $4,800 an ounce.