Gold and Silver prices fall again, 24 carat gold gets cheaper across major Indian cities
India, May 12 -- Gold and silver prices continued to decline across major Indian cities as bullion markets witnessed weaker demand and pressure from global trends.
According to the latest market data, 24-carat gold prices fell by up to Rs.220 per 10 grams in most cities, while Chennai recorded a sharper decline of Rs.550 per 10 grams compared to the previous trading session.
Market analysts attributed the fall to a stronger US dollar, easing geopolitical concerns, and reduced buying activity in domestic markets. Experts also believe PM Modi's recent appeal urging citizens to avoid unnecessary gold purchases may have impacted market sentiment in some regions.
In Delhi, 24-carat gold was priced at Rs.1,52,270 per 10 grams, while 22-carat...
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