Gold-Silver Price Update: Fall in gold and silver, gold fell by 1.5%, silver slipped by 3%, know the latest price?

Gold Silver Price/Rate Today LIVE: After the historic rise in gold and silver prices yesterday, correction is being seen in the market today. Yesterday gold had crossed Rs 1.61 lakh, whereas today it has fallen by Rs 1,097. This may be the time for investors to book profits.

Talking about gold prices, 24 carat gold is trading at Rs 1,60,501. 22 carat gold is trading at Rs 1,47,150. Silver is trading at Rs 2,63,949 per kg. This means that today the price of silver has fallen by Rs 15,000. A stronger US dollar has put pressure on bullion, while investors keep an eye on tariff uncertainty and rising tensions between Washington and Tehran.

Spot gold fell 1.5% to $5,150 an ounce by 0125 GMT, below a more than three-week high touched earlier in the session. US gold futures for April delivery fell 1.1% to $5,171 an ounce. Due to the strengthening of the dollar, gold and silver declined, due to which greenback commodities became expensive for those holding other currencies and demand reduced. This surge in the US currency reduced support for bullion due to continued trade and geopolitical risks.

increasing global uncertainty

US President Donald Trump on Monday warned countries not to renege on recent trade deals after the Supreme Court struck down his emergency tariffs. He said if countries change course, Washington could impose higher duties under other trade laws, adding another layer of uncertainty to global trade flows.

At the same time, the US State Department began evacuating non-essential staff and their families from its embassy in Beirut amid concerns about the risk of military conflict with Iran, increasing safe-haven demand.

Monetary policy expectations also remained in focus. Federal Reserve Governor Christopher Waller said that he would be ready to keep interest rates stable at the March meeting if the upcoming labor market data indicates that the situation is improving. According to CME’s FedWatch tool, markets are expecting three 25-basis-point rate cuts this year, although expectations for a rate easing any time soon have waned.

What do experts explain as the reason behind this decline?

Satish Dondapati, ETF fund manager, Kotak Mutual Fund, said gold’s recent strength was due to policy uncertainty and safe-haven flows, but fluctuations in the dollar and real yields will continue to dictate short-term price action. He said bullion may remain volatile due to strong inflation data and changing rate-cut expectations.

Nikunj Saraf, CEO of Choice Wealth, said gold’s rise reflects tariff-related uncertainty and dollar weakness seen earlier, but will depend on how trade policy changes and how real yields move. He advised investors to consider gold as a hedge in a diversified portfolio and prefer to invest in installments rather than a lump sum.