New Delhi — March 14, 2026
Gold and Silver Prices Decline in Delhi Bullion Market
Precious metal prices declined in the Delhi bullion market on Friday amid global economic uncertainty and a stronger US dollar. Gold and silver both registered notable drops, reflecting pressure from international markets and shifting investor sentiment.
According to market data, gold prices fell by ₹2,000 to close at ₹1,63,200 per 10 grams, while silver dropped sharply by ₹11,000 to ₹2,65,500 per kilogram.
The decline marks a significant correction in precious metal prices in the national capital’s jewelry and bullion markets.
Global Market Trends Weigh on Precious Metals
Market analysts attribute the fall in gold and silver prices to several international factors, including the strengthening of the US dollar and uncertainty surrounding global monetary policy.
Aamir Makda, Commodity and Currency Analyst at Choice Broking, said gold prices have declined for the second consecutive week in international markets.
According to him, gold is currently trading below $5,100 per ounce globally.
Key Factors Behind the Price Drop
Analysts say multiple economic indicators have contributed to the recent pressure on precious metals, including:
-
Strengthening of the US dollar
-
Rising global oil prices
-
Continuing geopolitical tensions in the Middle East
-
Increase in US Treasury yields
Higher treasury yields generally reduce the attractiveness of non-yielding assets such as gold, which often leads to lower demand from investors.
Uncertainty Over Interest Rate Cuts
Another factor influencing precious metal prices is uncertainty surrounding the US Federal Reserve’s monetary policy.
Minutes from the latest Federal Open Market Committee (FOMC) meeting suggest that policymakers may not be leaning strongly toward immediate interest rate cuts.
As a result, investors are closely monitoring upcoming US economic growth data, which could provide clearer signals about the future direction of monetary policy.
Market Outlook
Analysts say that movements in the US dollar, treasury yields, and global geopolitical developments will continue to influence precious metal prices in the coming weeks.
Investors are also expected to track upcoming economic indicators from the United States and other major economies to gauge the overall health of the global economy and the likely path of interest rates.
