Overview

• Gold has fallen for five straight sessions in India, with Mumbai’s 24-carat benchmark at Rs97,030 per 10 grams.
• 24-carat gold rates ranged from Rs95,610 in Delhi to Rs96,050 in Chennai, reflecting modest regional divergence.
• International spot gold slipped 0.5% to $3,300.59 an ounce as the US dollar strengthened.
• Silver dropped by Rs100 to Rs99,800 per kilogram in Mumbai.
• Analysts remain bullish, projecting a rise to around Rs1,10,000 per 10 grams within a year on sustained safe-haven demand and possible US rate cuts.