Gold and Silver Prices Drop: Check Latest Rates in Major Indian Cities

• Gold prices continued to fall on February 6, with 24-carat gold in Delhi at Rs 154,560 per 10 grams.
• Mumbai, Chennai, Kolkata, Pune, and Bengaluru saw 24-carat gold at Rs 154,410 per 10 grams.
• The decline is attributed to global selling and a stronger dollar, with international spot gold at $4826.99 per ounce.
• Silver prices also fell significantly to Rs 299,900 per kilogram on February 6, down from over Rs 4 lakh on January 30.
• JP Morgan predicts gold prices could reach $6300 per ounce by year-end due to central bank and investor demand.