Gold and silver prices decline sharply amid global yield strength and profit-taking

Gold and silver fell in India and globally as stronger US yields triggered profit-taking, though seasonal demand may offer near-term stability.

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48 days ago

Gold and silver prices decline sharply amid global yield strength and profit-taking

Gold prices fell ₹200 per 10 grams and silver declined ₹1,000 per kilogram in India, tracking international market weakness as US Treasury yields rose. Analysts said the decline followed investor repositioning ahead of key inflation data and the Federal Reserve’s next policy signal. Domestic jewelers reported subdued retail buying, while global spot gold traded near $2,275 an ounce. Market watchers expect short-term volatility to persist, though seasonal demand and festive jewelry purchases could provide a limited cushion to prices.
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