Uncertainty surrounding the US Federal Reserve's interest rate policy was evident in the global bullion market today. Investors are focused on the Fed's future role in controlling inflation, which has led to a slight decline in demand for gold, considered a safe-haven investment. As a result, gold prices fell slightly today after remaining stable for two consecutive days. Meanwhile, a decline in industrial demand has also put pressure on silver  prices , which have also fallen after remaining stable for six days. In the capital, Delhi, the price of 10 grams of 24-carat and 22-carat purity gold has declined by Rs 10 each. While this decline is not significant, after remaining stable for the past two days, this change is considered significant for investors and consumers. Experts believe that the direction of gold prices will depend on upcoming economic developments. Gold prices in major cities across the country 

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Gold prices per 10 grams of 18-carat, 22-carat, and 24-carat purity have been announced for major cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Pune, Ahmedabad, Jaipur, and Lucknow. Prices may vary slightly depending on the city due to local taxes, transportation costs, and jewelers' association rates.

Silver also became cheaper after six days of stability.

The price of silver had remained unchanged for six consecutive days. However, today it fell by ₹100 per kg. The price of one kg of silver in Delhi is now ₹2,34,900. Silver is also being sold at the same rate in Mumbai, Kolkata, and Chennai. Previously, on July 28th, the price of silver fell by ₹5,000. After that, the market stabilized. Now, this decline is being attributed to a decrease in industrial demand and turmoil in the global market.

According to market analysts, investors are currently adopting a cautious stance due to the US Federal Reserve's concerns about inflation. Therefore, instead of making large purchases of precious metals, the market is awaiting further economic signals. Investors are now focusing on the US non-farm payroll report, other job market data, and economic indicators. Based on these data, the next decision on whether to lower or maintain US interest rates may be made. This is likely to have a direct impact on the global gold and silver markets.

PC: Rochak Khabre