Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Indian Gold, Silver Prices Fall as Stronger Rupee and US Jobs Report Loom

Guavy AI Editorial Team
Instruments
Gold Silver
Share

Gold and silver prices declined in India on September 4 due to a stronger rupee and anticipation of the US nonfarm payrolls report. According to CNBC TV18, gold fell by 0.28% to ₹1.55 lakh per 10 grams while silver dropped by 0.31% to ₹2.41 lakh per kg.

The Multi Commodity Exchange (MCX) saw gold futures for October delivery decline by ₹431 and silver futures for December delivery fall by ₹749. Despite the domestic price correction, international gold prices remained high at around $4,528.54 an ounce for the December contract.

Vedika Narvekar, Research Analyst - Commodities & Currencies at Anand Rathi Share and Stock Brokers, stated that expectations around US monetary policy had shifted following dovish comments from the Federal Reserve, supporting gold prices.

More on Commodities

Commodities just now

Citi and ANZ Boost Brent Crude Forecasts Amid Middle East Supply Disruptions

Commodities 1m ago

Cavvy Energy Stock Tumbles Amidst Commodity Volatility and Natural Gas Risks

Commodities 1m ago

Taiwan Freezes Household Gas Prices Through Year-End Amid Global Energy Uncertainty

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy