Gold prices remained stable on Friday, with the yellow metal trading at ₹1,24,600 per 10 grams in domestic markets. Silver prices also stayed unchanged at ₹1,53,300 per kilogram, reflecting steady investor sentiment amid global economic cues.
Analysts suggest that the precious metal market is witnessing a phase of consolidation as traders await key economic data and policy updates from major central banks. The demand for gold jewelry and investment bars remains firm ahead of the wedding season in India.
Market experts advise investors to monitor fluctuations in the U.S. dollar index and bond yields, as these factors could influence gold and silver prices in the coming days.
