Gold prices edged lower on Friday after stronger than expected U.S. economic data bolstered the dollar and reduced expectations for near term Federal Reserve rate cuts. Spot gold eased about 0.3% while U.S. futures also slipped, even as bullion remained on track for a weekly gain following record highs. Easing geopolitical tensions and muted safe haven demand further weighed on precious metal sentiment.

Silver prices in Nagpur declined today, reflecting cautious sentiment in domestic bullion markets. Silver traded at ₹292 per gram and ₹2,92,000 per kilogram, recording a modest drop. Nagpur, Maharashtra’s winter capital, continues to see steady retail interest despite price softness. Market participants are tracking global cues, currency movements, industrial demand, and inflation signals to gauge near term direction for silver prices locally today across markets.