Gold Falls Rs 800 To Rs 1.45 Lakh/10 Grams In Delhi; Silver Tumbles Rs 5,000 - ETV Bharat
Gold
Silver
AI desk brief
Delhi gold fell Rs 800 to Rs 145,600 per 10 grams, including taxes, for a second straight decline; silver dropped Rs 5,000 to Rs 187,500/kg. HDFC Securities’ Saumil Gandhi attributed domestic weakness to thin Diwali trading, while global spot gold edged higher to $4,047.71/oz and silver rose nearly 3% to $52.86/oz. Gandhi warned that hawkish Fed signals could sustain dollar and Treasury-yield strength, limiting gold’s recovery. Mirae Asset Sharekhan’s Praveen Singh retained a bearish near-term gold outlook, while cautioning that crude could remain volatile if US-Iran peace talks fail to deliver concrete progress.
Sources used
- S1 ETV Bharat via Google News — Gold Falls Rs 800 To Rs 1.45 Lakh/10 Grams In Delhi; Silver Tumbles Rs 5,000 - ETV Bharat