Gold, silver prices fall for 4th straight day:Gold gets ₹2,500/10 gm cheaper; silver plunges ₹7,000/kg in as many days

Gold and silver prices fell for the fourth consecutive day on September 24. According to the India Bullion and Jewellers Association (IBJA), 24-carat gold fell ₹853 to ₹1.51 lakh per 10 grams, while silver declined ₹2,716 to ₹2.30 lakh per kg. Gold, silver prices fall for 4th day The decline has continued for four days. Over the four-day period, silver has become cheaper by about ₹7,000. Gold prices have fallen by about ₹2,500 during the same period. Why are prices falling? The US Federal Reserve’s interest rate decision has affected gold prices. Higher interest rates can reduce the appeal of gold for investors because gold does not generate interest income. However, geopolitical tensions and economic uncertainty could continue to support demand for gold. Investors may turn to gold again if these concerns increase. Market experts expect prices to remain volatile in the near term. They have advised caution as prices are showing weakness. A sharp fall, however, could also lead to fresh buying, according to the assessment cited in the source. Gold ETFs offer another way to invest Investors can also take exposure to gold through Gold Exchange Traded Funds (ETFs). Gold ETFs track gold prices and are traded on the BSE and NSE like shares. Investors do not receive physical gold when they buy these units. When they sell the units, they receive an amount based on the prevailing value. Investment can be started with less than ₹100, depending on the ETF and the unit price. How to buy a Gold ETF? An investor needs a demat and trading account to buy a Gold ETF. The process is similar to buying shares: Gold ETFs provide exposure to gold prices without requiring investors to buy or store physical gold.