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Gold, silver decline on US Fed rate cut


Gold prices in India dropped today following a 25 basis point rate cut by the US Fed, triggering profit booking. 22-carat gold fell to Rs 71,990 per 10 grams, while 24-carat gold stands at Rs 78,550 per 10 grams. Silver prices also dipped, now at Rs 92,900 per kg


As Donald Trump’s victory impacts the markets, gold prices are expected to face short-term corrections. Historical data reveals gold's tendency to react to political shifts, with potential declines before long-term rallies. Explore the trends and factors influencing bullion prices post-election.







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