India's Gold and Silver Prices See Wild Fluctuations Amid Global Market Turmoil

Gold and silver prices in India fluctuated across major cities on Thursday, influenced by global market trends, currency movements, interest rates, and domestic demand.

The price of 24-carat gold hovered around ₹14,234 per gram, while 22-carat gold was priced near ₹13,039 per gram. Silver prices also remained in focus due to changing global commodity market conditions.

Market participants noted that precious metals are sensitive to developments in international markets, including US dollar movements and economic uncertainty.

The price of silver has seen fluctuations due to shifting demand conditions, with investors keeping a close eye on monetary policy signals, inflation trends, and geopolitical events that could impact metal prices.