Gold, Silver Prices Drop for Second Day; Check Rates in Delhi, Lucknow, Patna & More

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Moneycontrol•03-02-2026, 07:36
Gold, Silver Prices Drop for Second Day; Check Rates in Delhi, Lucknow, Patna & More
- •Gold and silver prices declined for the second consecutive day due to profit-booking and a strong dollar.
- •24-carat gold in Delhi became ₹10 cheaper per 10 grams, while 22-carat gold also dropped by ₹10.
- •Over two days, 24-carat gold prices fell by ₹7420 per 10 grams, and 22-carat gold by ₹6810.
- •Silver prices in Delhi decreased by ₹100 per kg today, selling at ₹2,99,900, after a two-day fall of ₹50,100.
- •Experts predict continued volatility but maintain a long-term bullish outlook for gold due to central bank buying and geopolitical risks.
Why It Matters: Gold and silver prices continue to fall for the second day, but experts foresee a long-term upward trend.
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