Gold price dips ₹10 to ₹1,00,470, silver down ₹100, trades at ₹1,17,900. 24-carat gold ten grams traded at ₹1,00,470, while one kilogram of silver traded at ₹1,17,900. US gold prices fell 0.7% to $3,343.69 per ounce, and spot silver fell 0.4% to $38.91 per ounce.
Title: Gold and Silver Prices Fluctuate Amid Global Economic Uncertainty
Gold and silver prices experienced a notable dip on July 25, 2025, with gold prices falling by ₹10 to ₹1,00,470 and silver prices declining by ₹100 to ₹1,17,900. This fluctuation occurred amidst a backdrop of global economic uncertainty and geopolitical tensions.
In the Indian market, the price of 24-carat gold ten grams traded at ₹1,00,470, while one kilogram of silver traded at ₹1,17,900. Internationally, US gold prices fell by 0.7% to $3,343.69 per ounce, and spot silver dropped by 0.4% to $38.91 per ounce [2].
The decline in gold and silver prices follows a period of significant volatility in global markets. Geopolitical tensions, rising tariffs, and policy shifts have contributed to the upward pressure on precious metals. However, recent developments, such as the US and EU trade agreement, have eased some concerns, leading to a temporary correction in prices.
Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions, commented on the recent price movements, stating that while gold has broken key resistance levels, domestic sales have slowed due to elevated price points. Kothari expects a short-term correction of around $200 before the next leg up [1].
Silver prices have also shown resilience, with the metal continuing to trade above its all-time high mark. The demand for precious metals has been bolstered by a weaker US currency and lower Treasury yields, driving up silver prices [1].
Investors should remain cautious as the market continues to grapple with uncertainty. The Federal Reserve's meeting next week and potential rate cuts in September or October may further influence precious metal prices. Additionally, ongoing trade negotiations between the US and China could impact global markets [2].
References:
[1] https://www.financialexpress.com/market/gold-pulse/gold-price-in-india-tops-rs-1-lakh-today/3924417/
[2] https://www.goodreturns.in/news/gold-rate-in-india-falls-rs-1-850-in-48-hours-will-it-drop-further-or-rise-check-24-22-18k-rate-1444891.html
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