Overview

• Indian 24-carat gold fell for a fourth straight session to about Rs97,470 per 10 grams, with 22-carat trading near Rs89,340 in major centres.
• Silver eased by Rs100 to roughly Rs99,000 per kilogram in Mumbai as global bullion softened.
• Traders are monitoring upcoming US Federal Reserve meeting minutes and inflation data for signals on interest-rate policy.
• April’s all-time international benchmark of $3,500 per ounce has intensified price swings in domestic bullion markets.
• High gold costs are driving many Indian buyers toward lighter 18-carat jewellery instead of 22-carat to manage budgets.