Overview
- Retail gold prices fell Thursday in India to ₹151,990 per 10 grams, down ₹860, while Pakistan’s rate dropped to Rs493,762 per tola after a Rs5,200 cut.
- Spot gold, which rose about 0.5% to roughly $4,733 on Wednesday, slipped to around $4,714 by early Thursday in a fast reversal.
- A stronger U.S. dollar and higher Treasury yields made non‑interest‑paying gold less attractive, prompting more selling in local markets.
- Silver showed sharper swings, including a Rs 2,700 drop to Rs 2.55 lakh per kilogram in Delhi on Wednesday.
- Indian retail gold stayed about 4.23% pricier than Dubai on Thursday because import duties, local taxes and making charges lift domestic quotes.