The Economic Times

Why are gold and silver prices down now, and will precious metals continue to drop or rise again? Gold extends fall after US Fed keeps rate unchanged. Here's analysts insights, market outlook

Why are gold and silver prices down now, and will precious metals continue to drop or rise again? Gold and silver prices dropped after the US central bank kept interest rates unchanged and signaled concern about inflation. Traders now expect no rate cuts soon. Oil prices and Middle East tensions also influenced markets. Analysts shared mixed views about the future path of precious metals.