Gold prices in India edged higher on Monday (October 20), supported by expectations of further US interest rate cuts and global economic uncertainties. As of today, 24-karat gold is trading at ₹13,069 per gram, 22-karat at ₹11,980, and 18-karat (999 gold) at ₹9,802 per gram.

Globally, spot gold was up 0.1% at $4,253.33 per ounce, while US gold futures for December delivery climbed 1.3% to $4,266.30 per ounce.

Analysts attribute the recent volatility to mixed global signals.

“The gold market is trying to find its footing after Friday's (October 17's) selloff. Sentiment is normalising after a few weeks of mania,” said Kyle Rodda, analyst at Capital.com.

Friday’s drop followed US President Donald Trump’s comments on China tariffs, which initially fueled a spike in gold prices. Investors a

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