# Gold Halts Four-Day Decline in Delhi, But Closes Week Down Rs 4,000 as Silver Plunges Rs 10,000 > Gold prices in Delhi rose by Rs 200 to Rs 1,52,600 per 10 grams on Friday, breaking a four-session slide. Over the entire week, however, gold dropped by Rs 4,000 while silver saw a steep decline of Rs 10,000. **Type:** article · **Category:** Money · **Published:** 2026-09-26 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/money/delhi-men-sone-ki-giravata-para-laga-breka-haphte-bhara-men-chandi-10-000-rupaye-aura-sona-4-000-rupaye-phisala-39150 · **Language:** English **Tags:** Gold Price, Silver Price, Delhi Bullion Market, Bullion Market News, Commodity Market, HDFC Securities Gold prices in the Delhi bullion market edged up slightly on Friday, breaking a four-day losing streak as bargain buyers stepped in at lower levels. The precious metal rose by Rs 200 to settle at Rs 1,52,600 per 10 grams. Despite Friday's mild recovery, the overall week proved to be turbulent for precious metals, marked by substantial losses in both gold and silver due to pressure from a stronger US dollar and elevated bond yields earlier in the week. Bullion markets remain closed on Saturdays and Sundays. ## Domestic Spot Prices and Local Market Dynamics In the national capital, gold of 99.9% purity had closed at Rs 1,52,400 per 10 grams on Thursday before making a modest comeback. Meanwhile, silver prices held steady, closing unchanged at Rs 2.37 lakh per kg. Local bullion traders noted that buying interest emerged after four consecutive sessions of losses, as buyers took advantage of reduced price levels. However, overall gains remained capped as market participants maintained a cautious stance. ## Substantial Weekly Losses for Gold and Silver Despite the end-of-week relief, the weekly figures reflected a sharp correction across the precious metals segment. Over the course of the week, gold tumbled by Rs 4,000 per 10 grams, translating to a 2.5% decline. Silver witnessed an even steeper fall, losing Rs 10,000 per kg, which represents a 4% drop within seven days. Market participants attributed this weekly slide primarily to the sharp rally in the US dollar index and rising benchmark bond yields early in the week. ## Global Trends and Crude Oil Softening The rebound in domestic rates mirrored positive developments in international markets. Overseas spot gold advanced by $27.73, or nearly 1%, to reach $4,301.40 per ounce. Similarly, spot silver gained 1.4% to trade at $64.72 per ounce, approaching the $65 threshold. A drop in international crude oil prices below the $90 per barrel mark and a pullback in the US dollar provided breathing room to bullion prices, helping offset some of the week's cumulative losses. ## Analyst Commentary and Market Outlook Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, noted that gold saw a slight recovery as key headwinds subsided with crude oil and the US dollar retreating from recent peaks. He added that while Friday brought resilience, the strong dollar surge early in the week ensured an overall negative weekly close. Echoing similar views, Kaynat Chainwala from Kotak Securities stated that spot gold managed to climb back above $4,300 per ounce while silver neared $65 per ounce. She explained that a softening US dollar alongside stabilization in the bond market after a sudden jump in yield supported the recovery from two straight days of declines. ## What this means for you The sharp weekly drop in gold and silver prices directly impacts retail buyers, bullion investors, and industrial consumers. - **Across India:** Jewellery buyers across the country will benefit from lower gold and silver rates during the ongoing shopping season. A weekly reduction of Rs 4,000 on gold and Rs 10,000 on silver substantially lowers overall purchase budgets. - **In Delhi:** With silver holding steady at Rs 2.37 lakh per kg in Delhi's wholesale market, local traders in hubs like Chandni Chowk anticipate refreshed demand. Retail customers can capitalize on these lower entry rates when markets reopen on Monday. - **For Investors:** Digital gold and Gold ETF investors may witness short-term portfolio corrections due to the weekly slide. However, the price correction offers an attractive entry window for fresh long-term allocations. - **For Industrial Users:** A Rs 10,000 per kg correction in silver reduces input costs for silverware manufacturers and industrial users. This cost reduction is expected to pass on to end consumers. - **For Traders:** Commodity traders on local exchanges will need to monitor movements in crude oil and the dollar index closely. Further price fluctuations are expected as global bond yields settle. ## Why this happened The combination of a sharp weekly drop followed by a mild Friday recovery in bullion prices was driven by specific global macroeconomic shifts. - **Pullback in Dollar and Crude Oil:** International crude oil prices slipping below $90 per barrel along with the US dollar pulling back from recent highs relieved downside pressure on precious metals, enabling a Friday rebound. - **Bargain Hunting at Lows:** Following four consecutive sessions of decline, local traders and institutional buyers viewed the lower price levels as an attractive buying opportunity, pushing Delhi gold up by Rs 200. - **Bond Market Stabilization:** Stabilization in US bond yields after a rapid surge helped spot prices recover from consecutive sessions of sharp losses, pushing international gold back above $4,300 per ounce. - **Reason for Weekly Loss:** A sharp rally in the US dollar index earlier in the week exerted heavy selling pressure on metals, resulting in a 2.5% weekly drop for gold and a 4% fall for silver. ## Questions & Answers ### 1. What was the updated gold price in Delhi on Friday? Gold of 99.9% purity in Delhi rose by Rs 200 to settle at Rs 1,52,600 per 10 grams on Friday. ### 2. How much did gold and silver drop over the entire week? Over the week, gold fell by Rs 4,000 per 10 grams (down 2.5%), while silver plunged by Rs 10,000 per kg (down 4%). ### 3. What is the current price of silver in Delhi? Silver prices in the Delhi bullion market held flat at Rs 2.37 lakh per kg on Friday. ### 4. What were the overseas spot prices for gold and silver? International spot gold gained nearly 1% to $4,301.40 per ounce, while spot silver rose 1.4% to $64.72 per ounce. ### 5. Why did gold stop falling on Friday? The drop halted due to bargain hunting at lower levels, a pullback in the US dollar, and crude oil prices easing below $90 per barrel. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._