Archive · 31 Jul 2025
Gold, Silver Prices Fall in Delhi Amid Rupee Appreciation
Gold and silver prices went down.
In Delhi, gold is now cheaper by Rs 500, and silver dropped by Rs 2,000.
This happened because the rupee became stronger against the US dollar.
Also, the US economy is doing well, making the dollar stronger and making gold less attractive.
The US Federal Reserve is not planning to lower interest rates soon.
Gold prices decreased by Rs 500 to Rs 98,020 per 10 grams in Delhi.
Silver prices plunged by Rs 2,000 to Rs 1,12,000 per kilogram.
The rupee appreciated against the US dollar.
Positive US macroeconomic data put downward pressure on bullion.
The US Federal Reserve maintained a hawkish stance.
- Who
- Investors and traders.
- What
- Gold and silver prices fell in Delhi.
- When
- Thursday.
- Where
- Delhi, in global markets.
- Why
- Rupee appreciation and strong US macroeconomic data.
Economic Factors
Market Sentiment
Market Influences
Economic Factors
Strong US macroeconomic data strengthens the dollar.
Market Sentiment
Rupee appreciation caps the price of the precious metal.
- Gold Price Decrease
- Rs 500 to Rs 98,020/10 g
- Silver Price Drop
- Rs 2,000 to Rs 1,12,000/kg
- Rupee Movement
- Appreciated against USD
- Spot Gold
- USD 3,304.14 per ounce
- Spot Silver
- USD 36.30 per ounce
Sources
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