Gold & Silver Prices Fall: Weak Global Cues, Fading Demand - Rediff MoneyWiz

AI desk brief

Indian gold fell for a fourth session on Friday, dropping Rs 2,500 to Rs 140,900 per 10 grams; silver lost Rs 3,500 to Rs 184,000/kg, both tax-inclusive, according to the All India Sarafa Association. HDFC Securities attributed gold’s weakness to global cues and subdued post-Diwali retail demand. Global spot gold rebounded 1% to $3,904.87/oz after a reported 3% decline, while silver was flat at $50.04/oz. Analysts cited a stronger dollar and rising Treasury yields as headwinds; forthcoming US PPI data and Fed speeches could shift policy expectations, though nominal yields alone do not establish the real-yield impulse.