India gold falls ₹150 to ₹1,50,650/10g, silver drops ₹5,000 to ₹2,40,000/kg as firm dollar weighs

AI Market Summary
Gold and silver eased as a firmer US dollar and position trimming reduced near-term bullion demand, despite ongoing West Asia geopolitical risk. Markets are focused on upcoming US ISM Services data and broader Fed policy signals, keeping precious metals rangebound and biased toward a technical pullback. The move underscores sensitivity to real-rate and USD dynamics rather than safe-haven flows.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT-0.14%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▼ Bearish
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Gold in India slid ₹150 to ₹1,50,650 per 10 grams, while silver fell ₹5,000 to ₹2,40,000 per kilogram. In global markets, spot gold and silver were quoted at $4,160.60 and $62.24 per ounce, respectively. A stronger U.S. dollar and caution ahead of the U.S. ISM Services data and Federal Reserve policy signals prompted traders to cut positions, while Washington–Tehran tensions failed to generate hedging demand.