Commodities & currencyBusiness Today
Gold falls below $4,000, silver slips too: What's weighing on precious metal prices?
Neutral02 sources
GreyOak summary
Gold and silver prices declined on November 12 due to stronger-than-expected US inflation data and a firm US dollar. December gold futures dropped 0.41% to ₹1,39,140 per 10 grams on the MCX, while silver fell 0.83% to ₹1,83,001 per kg. Investors are now awaiting US PPI data for further clues on Federal Reserve policy.
What it affects
- GoldNeutral 0
Gold fell below $4,000 to 1,39,140 INR.Rolling sentiment Neutral -2
- SilverNeutral 0
Silver slipped 0.83% to 1,83,001 INR.Rolling sentiment Neutral 0