Gold drops  <span class='webrupee'>₹</span>160, silver gains  <span class='webrupee'>₹</span>360 on May 26, 2023

Gold drops rupees 160, silver gains rupees 360 on May 26, 2023 {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Gold prices declined by rupees 160 to rupees 60,080 per 10 grams in the national capital on Friday. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Silver prices, however, climbed by rupees 360 to rupees 72,500 per kilogramme. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The decline in gold prices occurred due to weak global trends. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Spot gold prices in the Delhi markets traded at rupees 60,080 per 10 grams. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The precious metal had ended at rupees 60,240 per 10 grams in the previous trading session. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Gold prices edged lower in Asian trading hours on Friday. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The US Fed officials advocated more action to curb inflation, diminishing expectations that the central bank's tightening campaign has ended. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Overseas, gold was quoting lower at USD 1,953 per ounce, while silver was trading higher at USD 23.10 per ounce. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Click here to know more about gold and silver rates. Check here for more market-related stories. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}