Silver slumps another Rs 7,400/kg, gold slides to Rs 1.37 lakh/10 gm on firm dollar, muted rate cut bets. What's next for investors?
Gold and silver prices tumbled on Tuesday, extending recent losses. A stronger U.S. dollar and diminished hopes for early Federal Reserve rate cuts weighed heavily on the precious metals. Elevated Middle East tensions also contributed to the bearish sentiment, impacting both domestic and international markets. Investors are advised to await market stability before making new investments.
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