Gold Price Drops Rs 1,100 to Rs 1.64 Lakh/10g; Silver Falls to Rs 2.71 Lakh/kg

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Gold Plunges Rs 1,100 to Rs 1.64 Lakh/10g; Silver Also Dips Amid Profit Booking

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News18•06-03-2026, 18:30

Gold Plunges Rs 1,100 to Rs 1.64 Lakh/10g; Silver Also Dips Amid Profit Booking

•Gold prices in New Delhi fell by Rs 1,100 to Rs 1,64,100 per 10 grams on Friday, March 6.
•Silver also declined by Rs 600, settling at Rs 2,71,700 per kilogram in the national capital.
•The domestic decline was primarily due to traders booking profits after a recent sharp rally in precious metal prices.
•Globally, gold and silver saw gains driven by renewed safe-haven demand amid escalating Middle East tensions and rising crude oil prices.
•Analysts noted a stronger US dollar, rising Treasury yields, and reduced Federal Reserve rate cut expectations also contributed to the domestic dip.

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