Gold edges higher, silver slips: Key factors shaping precious metal prices today - CNBC TV18

AI desk brief

Gold rebounded in early Asian trade while silver underperformed: December COMEX gold was at $4,332.40/oz, up 0.32%, after a low of $4,319, while COMEX silver was at $64.67/oz, down 0.45%, after touching $65.005. The move reflects a tug-of-war between softer oil and easing Iran-US tensions versus a still-strong dollar and hawkish Fed rhetoric that is keeping real-rate pressure on bullion.

The dollar was cited around 100.86, its highest since July, and Richmond Fed President Tom Barkin’s comments reinforced expectations of tighter policy, weighing on non-yielding metals. In India, gold fell for a third straight session to ₹1.54 lakh/10g in New Delhi, but the year-long rally to roughly ₹1.57 lakh/10g has shifted consumer behavior toward lighter jewellery, old-gold exchanges, and investment products such as coins, digital gold and gold ETFs; festive/wedding demand is still expected to support buying into year-end.