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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

Source

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