Delhi Gold, Silver Prices Plunge Up to 4% on Strong Dollar, Rate Cut Doubts

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Gold, Silver Plunge in Delhi Amid Strong Dollar, Rate Cut Doubts

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News18•13-03-2026, 18:15

Gold, Silver Plunge in Delhi Amid Strong Dollar, Rate Cut Doubts

•Precious metals silver and gold fell up to 4% in Delhi on Friday.
•Silver dropped by Rs 11,000 to Rs 2.65 lakh per kilogram; gold declined by Rs 2,000 to Rs 1.63 lakh per 10 grams.
•Strong US dollar, uncertainty over Federal Reserve's rate cuts, and rising crude oil prices fueled the decline.
•Geopolitical tensions in Iran and the Middle East, along with surging US Treasury yields, also pressured prices.
•Experts foresee short-term volatility but a constructive long-term outlook for prices once geopolitical tensions stabilize.

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