The Economic Times

MCX gold prices fall Rs 1,400/10 gram, silver tanks Rs 4,300/kg ahead of Diwali while rate hike bets linger. What should you do?

Gold and silver prices declined on MCX as rising oil prices and renewed inflation concerns weighed on bullion sentiment. Investors tracked US midterm elections and Fed rate expectations, while experts flagged key trading levels amid continued volatility in precious metals.