Gold prices retreat by Rs 500 after record run, silver down by Rs 2,100. Analysts flag key levels to track

Gold and silver prices eased in early trade after a record rally, with MCX gold February futures falling ₹456 to ₹1,33,674 per 10 grams and silver March futures dropping ₹2,067 to ₹1,95,834 per kg, as investors turned cautious ahead of key US data and the Bank of Japan policy decision.