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Gold Price Today : After record rise of 4 consecutive days, gold and silver prices A big decline was seen. Investors booked profits amid weak global cues, putting precious metals under pressure. According to All India Bullion Association, 99.9% pure gold fell by ₹1,700 to ₹1,35,900 per 10 grams in Delhi bullion market.

Gold Price Today: Big fall in gold and silver prices, investors booked profits after 4 days of rally

Gold: Price slips after lifetime high

On Monday, gold prices saw a rise of ₹4,000, taking it to a lifetime high of ₹1,37,600 per 10 grams. Gold had increased by a total of ₹6,000 in the last four days, but prices fell on Tuesday due to profit-booking by investors.

Silver prices also declined

Along with gold, there was also a decline in the price of silver:

• Silver in Delhi bullion market: fell by ₹1,000 to ₹1,98,500 per kg

• On Monday, silver closed at ₹ 1,99,500 per kg, which was its lifetime high.

Spot silver in the international market also fell by $ 1.07 (1.67%) to $ 63.02 an ounce.

Gold pressure in international market

According to Jatin Trivedi of LKP Securities:

Dilip Parmar, research analyst at HDFC Securities said:

The price of spot gold fell by $ 27.80 (0.65%) in the international market and reached $ 4277.42 an ounce.

Tips for investors

according to experts:

• Short-term fluctuations may continue

• This could be a buying opportunity for long-term investors

• It is important to keep an eye on global cues, dollar index and rupee movement.