(PTI) Gold price fell by ₹50 to ₹56,270 per 10 gram in the national capital on Thursday, according to HDFC Securities.
In the previous trade, the precious metal had touched ₹56,320 per 10 gram.
Silver, however, jumped ₹140 to ₹65,720 per kilogram.
"Spot gold prices in the Delhi markets traded at ₹56,270 per 10 gram, down ₹50 per 10 gram," said Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities.
In the overseas market, both gold and silver were trading higher at USD 1,840 per ounce and USD 21.69 per ounce.
COMEX gold was trading higher in Asian trading hours on Thursday amid a slight pullback in the dollar index, said Sriram Iyer, Senior Research Analyst at Reliance Securities.
"However, the metal could face headwinds in the next few sessions as recent upbeat data from the US reinforced expectations that the Fed will need to keep pushing interest rates higher to curb high inflation," he added.
