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Mumbai Bullion Market Records Minor Corrections in Gold and Silver
Mumbai gold settled near ₹1,21,620 and silver around ₹1,52,600 as cautious demand and global cues kept bullion markets steady.
Gold prices in Mumbai traded around ₹1,21,620 per 10 grams as the bullion market experienced mild adjustments after a week of steady gains. Silver hovered close to ₹1,52,600 per kilogram, reflecting softening global trends and declining festival-driven demand. Traders reported stable inventories but limited bulk purchases from wholesale buyers. Market sentiment remained cautious as global price movements stayed sensitive to US yield fluctuations.
Retail outlets expect moderate footfall as consumers await clearer price direction before making larger jewellery and investment purchases.