The Economic Times

Gold prices dip to Rs 1.53 lakh, silver falls Rs 1,500/kg ahead of US inflation data. What should you do?

Gold and silver prices fell on MCX, with silver declining Rs 1,500 per kg and gold slipping to Rs 1.53 lakh ahead of key US inflation data. With rate-hike expectations elevated and geopolitical tensions adding volatility, analysts expect precious metals to remain choppy and recommend booking profits on existing positions.