Gold, silver tumble as global rate fears spark sell-off

Gold and silver fell sharply in Indian and global markets on September 28, 2026, as inflation worries, a stronger dollar and rising Treasury yields weighed on precious metals. Spot gold dropped over 2%, with silver falling even harder. Domestic 24-carat gold ranged from about Rs 1,50,992 to Rs 1,51,477 per 10 grams across major cities.