Commodities & currencyEconomic Times
Gold and silver ETFs fall up to 3% as firm dollar and Fed rate hike bets weigh.
Neutral0
GreyOak summary
Gold and silver ETFs in India declined up to 3% due to a stronger US dollar and rising expectations of a Federal Reserve rate hike. US inflation data came in higher than expected, pushing odds of a December rate increase to 100%. Experts advise investors to continue systematic investments despite the short-term volatility.
What it affects
- GoldNeutral 0
Gold prices fell up to 3%.Rolling sentiment Neutral -2
- SilverNeutral 0
Silver prices fell up to 3%.Rolling sentiment Neutral 0
