Gold prices in Delhi witnessed a significant drop of Rs 1,550, falling to Rs 91,450 per 10 grams due to jewellers’ selling pressure and a weak global trend. Similarly, silver prices also saw a sharp decline, plummeting by Rs 3,000 to Rs 92,500 per kg. Investors are keeping a close watch on the upcoming US Consumer Price Index (CPI) data and the Reserve Bank of India’s (RBI) monetary policy meeting for insights into the precious metals market’s future direction. The decreasing prices have caught the attention of investors and traders alike, prompting them to reassess their investment strategies in light of the current market conditions.