Gold and silver prices experienced a decline on Tuesday, following a period of significant gains that saw them reach record highs earlier in the year. Silver saw a substantial single-day drop, its largest since August 2020, as investors booked profits. Despite this pullback, silver remains up approximately 150% year-to-date. Gold prices also softened, influenced by the broader market trend and a stronger US dollar, which typically pressures gold prices. In India, gold and silver showed mixed trends, with gold quoted around Rs 135,250 per 10 grams and silver at Rs 224,000 per kg.