Silver price volatility: MCX silver falls after sharp correction; what should investors do now? - Business Today
Silver
AI desk brief
Silver is under pressure as higher yields, a firmer U.S. dollar and rate expectations lift the opportunity cost of holding non-yielding metals, while growth and China manufacturing concerns weigh on silver’s industrial-demand component. The article also notes ongoing geopolitical tensions, but says the market is focusing more on rates and FX for now.
Gold was still higher on September 30: Bullions.co.in cited 24K gold at ₹15,025/gram, or ₹1,50,250 per 10 grams, up ₹1,390 or 0.93% at 10:10 AM IST. MCX gold was up 0.64% at ₹1,49,810/10 grams; 22K was quoted at ₹13,773/gram.
Sources used
- S1 Business Today via Google News — Silver price volatility: MCX silver falls after sharp correction; what should investors do now? - Business Today