Gold drops ₹400 per 10g; silver slips ₹300/kg as crude surge clouds jewellery demand
Gold fell to ₹1,49,200 per 10 grams and silver to ₹2,29,700 per kg in New Delhi, according to the All India Sarafa Association. Rising crude prices, inflation concerns and profit-booking could keep near-term pressure on bullion, with implications for jewellery pricing and consumer demand.
Indian gold prices dropped ₹400 per 10 grams and silver fell ₹300 per kg amid profit-booking, surging crude oil and inflation concerns. Higher oil prices and restrictive-rate expectations may keep bullion under near-term pressure, affecting jewellery-category pricing and demand.
Why this matters
No related recent All India Sarafa Association signals were provided, making the bullion-price move a standalone update on jewellery cost and demand conditions.
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