Silver crashes ₹8,590/kg to a 7-month low; gold hits 2-month low. What’s driving the selloff in precious metals
60-Word AI Digest
Silver fell ₹8,593 per kilogram to a seven-month low of ₹2,00,575 on MCX, while gold dropped to a two-month low. Rising Middle East tensions lifted oil prices and increased expectations of further US Federal Reserve rate hikes.
Key Takeaways
- Silver fell ₹8,593 per kilogram to a seven-month low of ₹2,00,575 on MCX, while gold dropped to a two-month low.
- Rising Middle East tensions lifted oil prices and increased expectations of further US Federal Reserve rate hikes.
- Full details and original dispatch available below.
Silver fell ₹8,593 per kilogram to a seven-month low of ₹2,00,575 on MCX, while gold dropped to a two-month low. Rising Middle East tensions lifted oil prices and increased expectations of further US Federal Reserve rate hikes.
Original Publisher Attribution
This summary was curated from Livemint.