Archive · 24 Jul 2025
Gold and Silver Prices Decline in National Capital
Gold and silver prices went down.
This is because people who bought gold and silver decided to sell some to make a profit.
Also, the news that the US made deals with other countries made people feel safer, so they didn't need to buy gold as much.
In the international market, gold prices also decreased.
Experts are watching to see what happens with jobs, company performance, and interest rates, as this can change how much gold and silver cost.
Some believe that the new trade agreements caused investors to sell.
Gold prices in the national capital fell by Rs 1,400 to Rs 99,620 per 10 grams.
Silver prices plunged by Rs 3,000 to Rs 1,15,000 per kilogram.
The decline was attributed to profit-booking and a subdued trend in global markets.
Spot gold fell to USD 3,362.88 per ounce in international markets.
Traders are watching US jobless claims, S&P Global PMI data, and ECB interest rate decisions.
- Who
- All India Sarafa Association and various market analysts
- What
- Gold and silver prices declined.
- When
- Thursday, July 24th
- Where
- National capital and international markets
- Why
- Due to profit-booking, subdued global trends, and easing of risk premium.
Factors Leading to Price Decline
Market Influences
Reasons for the decrease
Factors Leading to Price Decline
Profit-taking by investors.
Market Influences
Eased risk premium due to trade deals
- Gold price decline
- Rs 1,400 per 10 grams
- Gold price
- Rs 99,620 per 10 grams
- Silver price plunge
- Rs 3,000 per kg
- Silver price
- Rs 1,15,000 per kg
- Spot gold decline
- USD 24.35 per ounce
- Spot gold price
- USD 3,362.88 per ounce