Gold prices fell sharply by Rs 4,100 to Rs 1,21,800 per 10 grams in Delhi, slipping below the USD 4,000 mark globally as easing US-China tensions and ETF outflows reduced safe-haven demand. Silver also tumbled Rs 6,250 per kg
Gold prices are expected to open lower on Wednesday after a 5.5% global decline — the steepest since 2020. Analysts predict domestic prices could fall to Rs 1.22–Rs 1.23 lakh per 10 grams, driven by profit-booking and easing global economic fears.
Gold and Silver prices surged to fresh record highs this week, driven by global uncertainty, tariff concerns, and safe-haven demand, with analysts expecting the bullish trend to continue in near term
