Gold prices fall after 4 days; silver dips Rs 4,300/kg ahead of inflation data, Warsh speech at Jackson Hole

Gold and silver prices opened lower on the MCX on Tuesday as investors awaited key US inflation data and Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole later this week. Gold had rallied sharply last week on concerns over currency debasement, while silver has declined for two straight sessions. Analysts shared key support and resistance levels for both precious metals across domestic and international markets.