Gold prices fell to a nearly four-month low on Monday, with the Gold Hits 4-Month Low trend reflecting global market weakness, rising inflation concerns, and expectations of higher interest rates that pushed silver down over 3% and reduced demand for precious metals. Domestic Rates Edge Lower Across CitiesIn India, bullion prices followed global cues with modest declines in early trade. Silver prices dropped more sharply, declining Rs 100 to Rs 2,44,900 per kilogram. Silver prices remained largely uniform at Rs 2,44,900 per kilogram in Delhi, Mumbai and Kolkata, while Chennai quoted higher at Rs 2,49,900. Rising crude oil prices are fueling global inflation concerns, increasing the likelihood of prolonged higher interest rates.

Source: New Zealand Herald March 24, 2026 10:54 UTC