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Silver crashes ₹56000/kg from August peak; gold slides 23000/10 grams. What’s driving the selloff in precious metals

Reported · Written up by our desk · North America

Silver has fallen ₹56,000 from its August peak, and gold has also declined sharply as higher yields reduce the appeal of non-yielding assets. Middle East tensions have pushed oil prices higher, adding to inflation concerns and uncertainty over the Federal Reserve’s next move.

Latest closeGold $4,010.00 ▼1.2%|Silver $53.96 ▼1.5%

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LiveMint MarketsSilver crashes ₹56000/kg from August peak; gold slides 23000/10 grams. What’s driving the selloff in precious metals

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