Gold Prices Fall ₹1,000 to ₹1.06 Lakh Amid Profit Booking, Global Uncertainty

IO_AdminAfrica2 days ago9 Views

Quick Summary

  • Gold prices dropped ₹1,000 on September 4, 2025, in the national capital to ₹1,06,070 per 10 grams (99.9% purity), retreating from its record-high level of ₹1,07,070 the previous day.
  • gold of 99.5% purity also fell by ₹1,000 to ₹1,05,200 per 10 grams (inclusive of taxes).
  • Silver prices declined by ₹500 to ₹1,25,600 per kilogram after reaching its lifetime high of ₹1,26,100 per kilogram in the earlier session.
  • Internationally spot gold dropped $39.61 (or 1.10%) to $3,539.14 per ounce after achieving a historic high of $3,578.80 per ounce in New York.
  • Experts attributed elevated bullion trading levels to geopolitical tensions globally as well as expectations for U.S Federal Reserve interest rate cuts and india’s festive demand outlook.

Indian Opinion Analysis

The sharp decline in gold and silver prices following record highs suggests profit booking by traders as global trends weakened after historic peaks were reached internationally and domestically. Despite this drop-off across markets-including Indian bullion trade-the ongoing uncertainties such as geopolitical tensions and pending interest rate decisions worldwide signal a durable appeal for precious metals among investors seeking safe havens.For India specifically-with an upcoming festive season-high demand prospects might offset temporary corrections like today’s dip while forecasting reliability amidst macro-economic anxiety indirectly determining larger financial behaviour direction decisions globally back domestic priorities trades-in volatile economic proportions significance retain awaited standards wise holds maintained such stressors! Read full rawdd View

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