Gold, Silver Futures Slip Amid Profit Booking and Weak Global Demand

New Delhi, Apr 21 (BNP): Precious metal prices edged lower in futures trade on Tuesday, with both gold and silver witnessing selling pressure amid weak global cues and profit booking by traders.

 Gold futures declined to ₹1,53,940 per 10 grams, reflecting a soft trend in international markets and reduced investor demand at higher levels.

Silver futures also slipped, falling by ₹946 to ₹2,51,599 per kilogram, as participants offloaded positions following recent gains.

Market analysts said the decline was largely driven by profit booking and cautious sentiment in global bullion markets, as investors assessed interest rate expectations and broader economic signals.

Overall, precious metals remained under pressure in the near term, tracking volatility in global financial markets.