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Gold and silver futures opened lower on MCX and Comex on November 3 as rising US bond yields and a stronger dollar weighed on precious metals. Estimates showed a 73% probability of a Federal Reserve rate hike in December.
Expectations of tighter US policy raise the opportunity cost of holding non-yielding metals and lift the dollar, which pressures precious-metal prices. This is routine market commentary with no major new feed-relevant cause.
business-standard.comRamveer Singh GurjarNov 3, 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.
