{
  "id": 6768547,
  "title": "Gold price drops ₹2,700 to ₹1.55 lakh/10g; silver slips by ₹10,000",
  "url": "https://urgent.news/2026/09/11/gold-price-drops-2-700-to-1-55-lakh-10g-silver-slips-by-10-000",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T13:51:27.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold/gold-price-drops-2700-to-155-lakh10g-silver-slips-by-10000/article71456534.ece"
  },
  "original_language": "en",
  "account": "Precious metals experienced a sharp decline in prices on Friday, with gold falling by ₹2,700 to ₹1.55 lakh per 10 grams and silver dropping by ₹10,000 to ₹2.34 lakh per kg in the capital city. Gold of 99.9 percent purity saw a depreciation of ₹2,700, now priced at ₹1,55,900 per 10 grams (including taxes), according to local traders. It had previously closed at ₹1,58,600 per 10 grams on Thursday. Similarly, silver experienced a decline of ₹10,000, settling at ₹2,34,600 per kg (including taxes) after closing at ₹2,44,600 per kg the previous day. Traders attributed the significant correction in domestic bullion prices to selling pressure in the local market following a recent rally, with both precious metals experiencing a pullback. Despite gains in global markets, where spot gold rose by $49.82, or 1.15 percent, to $4,366.58 per ounce, and silver gained 2 percent to $64.77 per ounce, domestic selloffs persisted. Despite gains in global markets, where spot gold rose by $49.82, or 1.15 percent, to $4,366.58 per ounce, and silver gained 2 percent to $64.77 per ounce, domestic selloffs persisted. The decline came as elevated crude oil prices reignited inflation concerns and higher Treasury yields and rising rate-hike expectations continued to negatively impact assets such as gold, according to Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities.",
  "summary": "Traders say sharp correction in domestic bullion prices reflected selling pressure in the local market after the recent rally, with both precious metals pulling back",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}