Overview
- On MCX, March silver fell 2.06% to Rs 2,57,198 per kg and April gold eased 0.43% to Rs 1,57,389 per 10 grams as traders booked profits.
- Delhi bullion quotes from the All India Sarafa Association showed silver down Rs 7,500 to Rs 2,64,500 per kg, while gold rose Rs 2,200 to Rs 1,60,700 per 10 grams.
- In Pakistan, the All‑Pakistan Gems and Jewellers Sarafa Association lifted gold to Rs 526,262 per tola, with silver unchanged at Rs 8,615 per tola.
- Internationally, spot gold hovered near $5,020–$5,055 an ounce and silver around $81 after Monday’s bounce, still below January 29 records of $5,594.82 and $121.64, with silver about 33% off its peak.
- The dollar index edged up near 96.9–97, volatility persisted across bullion, and analysts flagged ongoing central‑bank demand, including continued PBoC buying, as markets await US jobs, inflation and retail sales data for direction.