Gold and silver Indian bullion markets opened weak as uncertainty around US interest rate cuts kept precious metals under pressure. Gold futures dropped to ₹1.21 lakh per 10 grams, while silver saw a parallel decline.
The Federal Reserve’s latest comments signaling a cautious stance on policy easing triggered a wave of selling across global bullion markets. A strong dollar index further weighed on gold and silver, making them more expensive for overseas buyers.
Market experts advise traders to stay watchful this week as volatility may persist until clearer signals emerge on the Fed’s policy direction.
