Gold, Silver Prices Drop on Republic Day Amid Easing Global Tensions

• Gold and silver prices fell on Republic Day, influenced by hopes of reduced tensions between America and Europe.
• 24-carat gold in Delhi became ₹10 cheaper per ten grams, with 22-carat gold also seeing a ₹10 reduction.
• Prior to this drop, 24-carat gold had increased by ₹16,480 and 22-carat gold by ₹15,100 per ten grams between January 19 and January 25.
• Silver prices also decreased, with one kilogram of silver becoming ₹100 cheaper in Delhi, now selling at ₹3,34,900.
• Experts advise caution for silver investors, despite its recent surge driven by retail buying and safe-haven demand.

Why It Matters: Gold and silver prices declined on Republic Day due to easing geopolitical tensions, despite recent surges.