Gold, Silver Prices Drop Marginally Ahead of US Inflation Data

📉 Gold prices in India edged lower by ₹10 on Tuesday, with 10 grams of 24-carat gold trading at ₹1,02,270, according to GoodReturns. Silver prices also slipped, falling ₹100 to ₹1,16,900 per kilogram.

City-Wise Gold Prices (₹ per 10g)

♦ 24-Carat Gold

Mumbai, Kolkata, Chennai: ₹1,02,270

Delhi: ₹1,02,420

♦ 22-Carat Gold

Mumbai, Kolkata, Bengaluru, Chennai, Hyderabad: ₹93,740

Delhi: ₹93,890

Silver Prices (₹ per kg)

♦ Delhi, Kolkata, Mumbai: ₹1,16,900

♦ Chennai: ₹1,26,900

Global Market Trends 🌍

Gold prices saw a slight rebound after Monday’s sharp decline, as investors awaited US inflation data for clues on the Federal Reserve’s interest rate policy.

♦ Spot Gold: $3,355.59/oz (+0.3%)

♦ US Gold Futures (Dec): $3,406.80/oz (+0.1%)

Monday’s drop of 1.6% in spot gold and over 2% in futures came after US President Donald Trump announced no tariffs on imported gold bars, easing market concerns.

♦ Spot Silver: $37.81/oz (+0.6%)

♦ Platinum: $1,336.14/oz (+0.7%)

♦ Palladium: $1,145.32/oz (+0.9%)