Gold recorded its steepest weekly decline in six weeks, driven by short-term profit-taking and a modest strengthening of the dollar and bond yields mid-week. Despite the weekly drop, the metal’s price remains within a near-term trading range supported by macro uncertainty.

In the india market The pullback prompted opportunistic buying — some investors used lower prices to add to positions, reversing part of the week’s losses. ETF inflows showed signs of stabilisation after earlier outflows, indicating renewed interest among long-term holders.

Jewellery retailers reported higher footfall after recent price reductions. Lower quoted gold rates translated into stronger consumer appetite for discretionary purchases, particularly for classic designs and small-ticket items. Promotions and flexible financing at stores amplified the rebound in foot traffic.

 Investors exhibited caution toward silver: net positioning became more conservative as silver underperformed gold during the same period. Factors included greater volatility in industrial metals, weaker-than-expected industrial demand signals, and a perception of higher downside risk for silver.

Many investors reduced silver allocations in favour of bullion or ETFs with higher liquidity. Short-term traders trimmed exposure; longer-term investors retained small tactical holdings tied to industrial recovery scenarios.