Gold prices fell slightly in India on Thursday, while silver became a bit more expensive. The price of 24-carat gold dropped by ₹10 to ₹1,25,500 for 10 grams, and 22-carat gold also declined by ₹10 to ₹1,15,040.
In Delhi, 24-carat gold was selling at ₹1,25,650 for 10 grams, and in Chennai, at ₹1,26,550. Silver, on the other hand, gained ₹100 to reach ₹1,62,100 per kg in major cities like Delhi, Mumbai, and Kolkata, while it stood higher at ₹1,73,100 in Chennai.
Globally, spot gold slipped 0.1% to around $4,194 an ounce after touching a three-week high the previous day. The slight fall was mainly due to a stronger U.S. dollar and investors waiting for key U.S. economic data that could affect future interest rate decisions by the Federal Reserve.
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