Gold-Silver Rate Today: Gold and silver prices have fallen again, know today’s latest rates.

Gold-Silver Rate Today In India: There was a huge fall in the prices of gold and silver in the Indian commodity market on Friday also. This situation has arisen due to extremely weak signals from foreign markets and declining demand in the local market. The increasing tension between America and Iran and the decisions of the Federal Reserve are also having a direct impact on the Indian bullion market. Common buyers have definitely felt some relief today as gold prices have fallen for the fourth consecutive day.

In the international market too, there has been continuous pressure of huge fall in gold prices throughout this week. Due to tension in the Middle East, there is a possibility of inflation increasing in America due to which the Federal Reserve may increase interest rates. Spot gold fell to $4,123.22 an ounce in Singapore in the morning, a huge fall of 1.3% this week. The eyes of the investors and common buyers of the market are now completely focused on all the important economic changes in the future.

latest price of gold

There was a huge decline in the prices of gold for August delivery in MCX market in this morning’s trading. Today gold has fallen by 0.30 percent to a low of Rs 1,44,861 per 10 grams. Due to this continuous heavy fall in the last few days, this has become a very good opportunity for the buyers of gold. Since the start of the Iran war last year, gold prices have fallen by more than 20 percent.

price of silver

Along with gold, there is a continuous slowdown and falling trend in the prices of silver as well. On MCX, silver for September delivery fell marginally by 0.11 percent to Rs 2,26,137 per kg. However, in the international market, spot silver has reached $ 59.91 an ounce with a slight increase of 0.1 percent. This huge softening in silver prices is due to decrease in industrial demand in the domestic market.

Main international reasons for decline

The main reason behind this huge fall in gold prices is the ongoing fierce war between America and Iran. The Hormuz crisis has deepened due to increasing tension in the Middle East and the movement of energy resources has been significantly affected. Apart from this, the possibility of the Federal Reserve keeping interest rates high has also increased huge pressure on gold. The Chairman of the New York Fed has cited the huge demand generated by AI as a major reason behind the increase in inflation.

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what will happen to prices in the future

Experts believe that heavy purchases by central banks remain an important and major support for gold. The People’s Bank of China recently bought more gold, making it its longest purchase since 2015. According to HSBC analysts, the average price of gold for 2026 is estimated to be $ 4,560 per ounce. A strong US dollar can also become a big hindrance in the rise of gold in the coming times.