The Economic Times

Silver prices fall Rs 2,500, gold below Rs 1.60 lakh mark as US jobs data dims rate cut hopes. How should you navigate this?

Gold and silver futures opened lower on Thursday as a stronger US dollar, fueled by robust jobs data, dampened interest rate cut expectations. Investors now await US inflation figures for Federal Reserve policy clues. Experts advise buying gold and silver on dips, citing near-term volatility due to dollar fluctuations and geopolitical tensions.