Gold, silver rates approaching Dec 2025 levels; energy prices, inflation, Fed weighing on investor sentiments - Details - Livemint

AI desk brief

Gold and silver are sliding sharply, with Indian 99.9% gold down ₹3,200 to ₹1,42,000/10g and silver down ₹4,200 to ₹1,86,000/kg, while international gold fell below $3,900/oz, its lowest since October 2025. The selloff is being driven by sticky US inflation, rising expectations of a December Fed hike, a stronger dollar and higher yields, all of which are pressuring non-yielding metals.

Market participants quoted in the piece said gold is likely to stay range-bound near term as dollar strength, rising bond yields and hawkish Fed commentary cap upside. Silver is under heavier pressure than gold, with broader precious-metals weakness compounded by concerns over industrial demand; crude oil volatility and geopolitical tensions remain additional swing factors.