Gold Price Today: On Wednesday, gold prices saw a slight decline in the bullion market of Delhi. With a decrease of Rs 50, gold of 99.9 percent purity reached Rs 77,750 per 10 grams. This is the lowest price of gold in the last four weeks. On Tuesday, the price of gold was Rs 77,800.

The reason for the fall in gold prices is believed to be the fluctuations in the global markets and the strength of the dollar. Investors are cautious due to economic data and financial policies at the global level, which is also affecting the Indian market.

Silver rises

While gold prices are falling, silver prices have seen an improvement. Silver rose by Rs 1,200 to Rs 92,500 per kg. Earlier on Tuesday, the price of silver was Rs 91,300. This rise in silver has come due to the new interest of investors in Asian markets.

What do analysts say?

According to Jatin Trivedi, research analyst at LKP Securities, investors are waiting for the US Consumer Price Index (CPI) data. CPI may indicate that inflation is declining in the US, which may lead to a reduction in interest rates in the future. This may support gold in the long term.

HDFC Securities analyst Saumil Gandhi says that after the US elections, the dollar and bond yields have increased, which hurt the prices of precious metals. This led to a decline in gold, but some improvement has been seen in silver.

Market conditions and future trends

Despite the increasing tension in the global markets, the strength of the dollar, and the impact of US financial policies, the prices of gold and silver will continue to fluctuate. Experts believe that gold may gradually improve in the coming times, especially if the US CPI data comes out positive.

It is worth noting that this is the time for gold and silver investors to be cautious, because the prices of precious metals may change based on global developments and economic signals.