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COMEX gold futures fell about 0.4% below $4,000 an ounce, and silver dropped more sharply in percentage terms. The decline followed uncertainty over the Federal Reserve's rate outlook and a stronger US dollar.
Domestic Indian prices also fell, partly due to subdued trading during the Diwali holiday.
Expectations of Fed tightening and a firmer dollar weigh on precious metals prices, and the moves are routine price changes with no new supply or demand shock.
cnbctv18.comAnshulNov 12, 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.
