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of <h1>Gold prices drop Rs 500 amid stockist selling; silver steady as markets watch US economic data and Fed talks</h1> Gold prices in the national capital decreased by Rs 500 to Rs 1,01,020 per 10 grams due to ongoing selling by stockists, while silver prices remained unchanged at Rs 1,12,000 per kilogram. Overseas, spot gold rose marginally, trading near USD 3,350 per ounce as markets awaited key US economic data and Federal Reserve officials' speeches for guidance on monetary policy. Political pressures on the Federal Reserve to lower interest rates have increased gold's appeal as a safe-haven asset. Market participants are also monitoring upcoming diplomatic talks between the US and Russia, which may influence future gold price movements.
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