# Rates crash: Gold price slips 7%, silver tanks 20% in Oct: Is Dhanteras 2026 right time to buy? What should investors do

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:15:30.356Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/76506-rates-crash-gold-price-slips-7-silver-tanks-20-in-oct-is-dhanteras-2026-right
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Sources

- livemint.com: https://www.livemint.com/market/commodities/rates-crash-gold-price-slips-7-silver-tanks-20-in-oct-is-dhanteras-2026-right-time-to-buy-what-should-investors-do-11793618175891.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.