Gold Silver Price: Best time to buy gold and silver? Know from experts how the market will be in future

If you are also planning to buy gold or silver, then there is a very big and relieving news for you. There has been a decline in gold prices in the bullion market for the third consecutive day. In the country’s capital Delhi, gold has become cheaper by Rs 960 to Rs 1.53 lakh per 10 grams. On the other hand, this time there has been a record breaking fall in the prices of silver and it has fallen to Rs 6,660. Market experts say that due to this tremendous rise in the stock market, the attraction of investors towards precious metals has reduced slightly, due to which there is direct pressure on its prices.

According to the latest data released by All India Bullion Association, the price of gold of 99.9 percent purity has decreased by Rs 960 to Rs 1,53,440 per 10 grams. Just a day before this, i.e. on Wednesday, its price was at Rs 1,54,400 per 10 grams. Now talking about silver, heavy selling pressure was clearly visible on it today. Silver prices fell by Rs 6,660 to close at Rs 2,48,740 per kg (including all taxes). Whereas in the last trading session, the price of silver was recorded at Rs 2,55,400 per kg.

Know why the price of gold and silver suddenly fell?

Market experts say that the biggest reason for this decline is the tremendous strength in the domestic stock market and the improvement in the Indian rupee against the US dollar. Due to both these reasons, despite the slight increase in the prices of gold and silver in the global market, investors started withdrawing their money from the bullion market and started investing it in other profitable assets. Apart from this, experts have also held the recent policy decisions of the US Federal Reserve and the comments of new Fed Chairman Kevin Worsh responsible for this decline.

Giving his opinion on this, Jatin Trivedi, Commodity and Currency Research Analyst (VP) of LKP Securities said that this sharp fall in gold prices was recorded immediately after the policy announcement of the Federal Reserve. The latest statement by the new Fed Chairman Kevin Wersh has clearly indicated that if the US economy remains strong, then interest rates can be increased once again in the year 2026. He further explained that the Fed’s assessment of strong economic growth and an improving labor market has significantly strengthened the dollar, which has pushed down gold and silver prices in the domestic market.

Condition of international market and impact of US-Iran agreement

Talking about the global market, the price of spot gold increased slightly to $ 4,266.47 per ounce. At the same time, the price of silver also increased marginally by 0.38 percent to $ 68.17 per ounce. This slight increase in the global market has been seen after a new agreement between US President Donald Trump and Iranian President Masoud Pejeshkian. An MoU has been signed between the two leaders with the aim of creating a framework for talks regarding Iran’s nuclear program and reducing mutual tension.

HDFC Securities Senior Commodity Analyst Saumil Gandhi said on this whole incident that the progress made towards the interim peace agreement between America and Iran has significantly reduced the geopolitical tension around the world. Along with this, the concerns regarding inflation in the market have also calmed down a bit, which has provided a small support to the bullion market at the international level.