Indian gold prices have fallen below the levels seen before a duty hike, reportedly due to weakness in global markets. The decline in gold prices appears to be part of a broader trend, with silver prices also dropping, although the impact of the duty hike on silver seems to have diminished. The movement of gold prices may be influenced by expectations of interest rate increases, but the overall situation is uncertain, with other market factors, such as oil prices and tech sector performance, also in flux.