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MCX gold futures fell about 7% in October and silver futures nearly 20%, both well below their January 2026 record highs. Prices rebounded on 2 November, and analysts advise staggered buying ahead of the festive season.
The sell-off reflects rate concerns and elevated crude oil prices. It is a retail precious-metals story with no direct effect on feed commodity supply or demand.
livemint.comDhanya NagasundaramNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
