Silver crashes ₹56000/kg from August peak; gold slides 23000/10 grams. What’s driving the selloff in precious metals
60-Word AI Digest
Silver has fallen ₹56,000 from its August peak, and gold has also declined sharply as higher yields reduce the appeal of non-yielding assets. Middle East tensions have pushed oil prices higher, adding to inflation concerns and uncertainty over the Federal Reserve’s next move.
Key Takeaways
- Silver has fallen ₹56,000 from its August peak, and gold has also declined sharply as higher yields reduce the appeal of non-yielding assets.
- Middle East tensions have pushed oil prices higher, adding to inflation concerns and uncertainty over the Federal Reserve’s next move.
- Full details and original dispatch available below.
Silver has fallen ₹56,000 from its August peak, and gold has also declined sharply as higher yields reduce the appeal of non-yielding assets. Middle East tensions have pushed oil prices higher, adding to inflation concerns and uncertainty over the Federal Reserve’s next move.
Original Publisher Attribution
This summary was curated from Livemint.