Gold, silver prices fall in early trade; yellow metal trading at Rs 51,760

Gold prices went down in Thursday's early trade from the previous day's rate by Rs 220. 10 gram of 24-carat gold is selling at Rs 51,760. Whereas, 10 gram of 22-carat gold is selling at Rs 47,450. 

Meanwhile, silver is also witnessing a fall of Rs 500 as compared to the previous day's rate. 1 kg of silver is trading at Rs 60,500. 

Gold prices inched lower on Thursday in early trade, pressured by expectations of aggressive interest rate hikes after the U.S. Federal Reserve chief doubled down on the central bank's fight against inflation. Gold is often viewed as