Why Did Gold Price Fall 1.4% Today In India?
Why Did Gold Price Fall Today?
Gold price fell 1.38% today in India on May 15, 2026. The price of 24K gold declined by ₹224 to ₹16,009 per 10 grams (₹1,601 per gram). Profit booking after a four-day bull run and the government capping duty-free gold imports triggered the decline. A stronger US Dollar also weighed on gold prices globally.
- Profit booking after four consecutive days of gains
- Government capped duty-free gold import limits
- US Dollar strength pressured gold globally