Precious Metals Prices Drop in India Due to Weak Demand and Global Cues

Gold and silver prices in Delhi experienced a significant drop, with silver falling to Rs 2.45 lakh/kg and gold to Rs 1.57 lakh/10 grams, attributed to subdued demand and global market signals.

17 Feb, 14:22 — 17 Feb, 14:22

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Times of India5d ago

Gold and silver price drop: Delhi prices fall up to 2% on weak demand; global cues weigh

Precious metals saw a significant dip in Delhi on Tuesday, with silver falling to Rs 2.45 lakh/kg and gold to Rs 1.57 lakh/10 grams. Subdued demand, Asian market holidays, and softer US inflation data fueled expectations of Federal Reserve rate cuts, impacting global prices and futures trade.

By TOI BUSINESS DESK

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Precious Metals Prices Drop in India Due to Weak Demand and Global Cues

Read at source (1 outlet)

Gold and silver price drop: Delhi prices fall up to 2% on weak demand; global cues weigh

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