KKN Gurugram Desk | In a surprising turn of events, gold prices witnessed a sharp fall of more than 2% today on the Multi Commodity Exchange (MCX). After hovering near the ₹1 lakh per 10 grams mark in recent days, this is the biggest single-day drop in gold prices in weeks, making today an ideal opportunity for buyers and investors to enter the market.

Whether you’re planning to invest in physical gold, jewelry, or gold ETFs, 12 May 2025 may be the perfect day to buy, before the prices bounce back.

 MCX Gold Rate Update: Gold Falls Over 2.6%, Hits Day’s Low of ₹93,920/10g

As of 10:16 AM IST, gold prices on MCX plunged by ₹2,584 per 10 grams, which is a 2.68% drop in a single trading session. The 24-carat gold rate, which opened at ₹95,500 per 10 grams this morning, fell as low as ₹93,920 per 10 grams, setting a new day’s low. However, the intraday high stood at ₹95,500, indicating high volatility in the market.

Key Data:

• Gold Drop: ₹2,584/10g

• Percentage Drop: 2.68%

• 24K Gold High Today: ₹95,500/10g

• 24K Gold Low Today: ₹93,920/10g

Investors are being advised to act swiftly before global trends reverse and the bullish momentum in gold resumes.

 Silver Price Today: Stable, No Major Movement Recorded

While gold took a significant hit today, silver prices on the MCX have remained relatively stable. As of publishing this report, there have been no significant fluctuations recorded in silver prices.

This divergence between gold and silver movement could be attributed to market demand, global inflation indicators, and investor sentiment toward precious metals.

Why Are Gold Prices Falling Today?

The sudden fall in gold prices may seem surprising given the recent bullish sentiment, but it can be attributed to several key factors:

1. Profit Booking by Institutional Investors: After weeks of steady gains, large institutional players may be liquidating holdings to capitalize on profits.

2. Strengthening of Indian Rupee: A stronger rupee often reduces gold prices in domestic markets.

3. Positive Equity Market Trends: With stock markets trading positively today, risk appetite among investors has shifted from safe-haven assets like gold to equities.

4. Global Cues: International spot gold prices have dipped due to reduced demand in Asian markets and firming U.S. treasury yields.

5. Reduced Festive Demand: With no major Indian festivals or wedding season this week, retail demand is slightly down, adding pressure on domestic gold rates.

 Gold Carats Explained: 24K vs 22K vs 18K

Before making any purchase, understanding the types of gold is essential:

 24-Carat Gold (99.9% Pure)

• Considered the purest form of gold.

• Contains 99.9% gold, making it soft and not ideal for jewelry.

• Mostly used for investment purposes, coins, and bars.

 22-Carat Gold (91.6% Pure)

• Contains 91.6% gold with 8.4% other metals like copper or silver.

• More durable than 24K, making it ideal for jewelry.

• Slightly cheaper than 24K gold.

 18-Carat Gold (75% Pure)

• Composed of 75% gold and 25% alloy.

• Commonly used in designer jewelry and fashion accessories.

• More affordable and trendy but less valuable as an investment.

 Which Gold Should You Buy?

Historical Comparison: Gold Price Movement Over the Last Month

Here’s how 24K gold prices have fluctuated over the past four weeks:

This shows a nearly 5% correction from the peak, offering a lucrative entry point for buyers.

 Gold Investment Options in India (2025)

With today’s drop, it’s important to know how you can invest in gold effectively:

1. Physical Gold – Bars, coins, or jewelry

2. Digital Gold – Buy via mobile wallets or platforms

3. Gold ETFs – Traded on the stock exchange

4. Sovereign Gold Bonds (SGBs) – Issued by RBI; offer 2.5% annual interest

5. Gold Mutual Funds – Indirect exposure to gold prices

 Expert Advice: Should You Buy Gold Today?

 Financial Analysts Speak:

• “A price correction of 2.5% or more is rare, especially when gold has been on a bullish trajectory. Investors with a medium to long-term outlook should buy in tranches starting today.” — Rahul Sinha, Commodity Analyst, Mumbai

• “Jewelry buyers can use this opportunity to lock in lower rates. However, those looking at resale value must verify purity and charges before purchasing.” — Rupal Mehta, Financial Consultant

 Tips Before Buying Gold in India

1. Check Today’s Price: Always confirm rates on MCX or government-authorized portals.

2. Hallmark Certification: Ensure BIS Hallmark is present.

3. Compare Making Charges: Different jewelers have varying fees.

4. Keep Receipts: Essential for resale or exchange.

5. Buy in Installments: Helps in cost averaging during volatile phases.

 Latest MCX Gold Price Updates (12 May 2025)

The 2.68% decline in gold prices today has created a golden opportunity for investors and buyers to enter the market. Whether you’re planning a wedding, looking to diversify your portfolio, or simply wish to make a profitable investment, 12 May 2025 may be your best window in recent weeks.

With the global economic climate shifting and precious metals gaining importance as safe-haven assets, any drop in prices should be seen as a strategic buying opportunity — especially when supported by market data and expert analysis.