Gold and silver prices fell on Friday as fading expectations of a U.S. rate cut weighed on sentiment. Fed minutes showed policymakers were split on further easing, with inflation still above target and concerns about weakening jobs data. Traders now see only a 30% chance of a December rate cut. On MCX, gold slipped 0.3% while silver dropped 1.5%.
Gold, silver prices tumble on fading US Fed rate cut hopes. What should investors do?
The Economy Times Markets7 hrs ago
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