Gold price fall for third day; silver jumps Rs 2,300 in Delhi - tradingview.com

AI desk brief

Gold fell for a third straight session in Delhi to Rs 1,58,000/10g, down Rs 100, as local demand stayed subdued, while silver extended gains and jumped Rs 2,300 to Rs 2,43,400/kg. Globally, spot gold rose 1% to USD 4,399.22/oz and silver gained nearly 1% to USD 66.25/oz, with traders positioning ahead of this week’s US PPI/CPI releases and Scott Bessent’s debt buyback announcement.

HDFC Securities and other analysts said higher crude prices and West Asia tensions are reviving inflation concerns, which could keep rates elevated and cap bullion upside. Market focus is now on whether the US inflation prints justify a September Fed hike.