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.
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.
