The sharp fall in precious metal prices reflects the impact of global economic conditions, rising interest rate expectations and geopolitical tensions on investor sentiment. Representational file image.
| Photo Credit: Reuters
Gold and silver prices in the domestic market witnessed a sharp decline of more than 7% on Monday (March 23, 2026) amid ongoing tensions in West Asia, global economic concerns and a strengthening U.S. dollar, which has shifted investor interest away from precious metals.
Gold prices fell sharply during the session, dropping from ₹1,40,158 in the opening trade to ₹1,29,595, and currently trading at ₹134 marking a steep fall of over 7%.
Published – March 23, 2026 04:39 pm IST
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