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Gold, silver slide as buyers wait for prices to stabilise

Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also experienced a notable decline on the MCX. The current correction in prices has made buying more affordable, but customers remain hesitant. Jewellers indicate that purchases typically happen in a rising market rather than a falling one.

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Economic TimesLean R·2h ago
Gold, silver slide as buyers wait for prices to stabilise
Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also experienced a notable decline on the MCX. The current correction in prices has made buying more affordable, but customers remain hesitant. Jewellers indicate that purchases typically happen in a rising market rather than a falling one.
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Gold, silver slide as buyers wait for prices to stabilise

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Gold, silver slide as buyers wait for prices to stabilise

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