Gold prices fall, becomes cheaper by Rs 700 per 10 grams
A Gold Prices Fall was seen on 22 February 2025. Today, the price of gold in Delhi has fallen by Rs 700 per 10 grams to Rs 88,750. If we talk about silver, it has fallen by Rs 300 per kg to Rs 96,830.
What are the reasons for the fall in prices?
According to experts, the main reason for the fall in the prices of precious metals like gold and silver is the weak trend in the global market.
Besides, the demand for gold and silver has also reduced in the domestic market, due to pressure on prices. Global cues have also affected gold prices in the domestic market.
Gold and silver price on MCX
Let us inform you that a decline in gold and silver prices has also been recorded on the Multi Commodity Exchange (MCX).
On MCX, the price of gold contract for April delivery has fallen by Rs 225 per 10 grams to Rs 85,799. Besides, silver futures for March delivery fell by Rs 283 to Rs 96,830 per kg.
Advice for investors
According to experts, Gold prices will depend on global factors, US economic data and interest rate announcements in the coming days.
Also, the prices of gold and silver are likely to fall further. Because of this, investors are advised to be cautious.
Investors should keep in mind the market situation before investing in gold and silver. Because there may be instability in the market.
Disclaimer: Readers are advised to consult with a qualified financial advisor before making any investment decisions.
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