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Gold and silver prices witnessed sharp volatility once again, creating confusion among investors and traders. According to market expert Anil Singhvi, the level of fluctuation seen in precious metals over the last few sessions has been unusually high and remains difficult to interpret.

Gold price down 24%, Silver cracks 41% from 52-week high: What should investors do now?

Gold and silver futures on the Multi-Commodity Exchange (MCX) were trading lower on Friday amid sharp volatility, reflecting profit booking after a strong rally to record highs, said market expert Anil Singhvi.&nbsp;Gold and silver futures traded sharply lower. Gold 5 February futures were quoted at Rs 1,56,300, down Rs 13,103 or 7.73 per cent. Silver 5 March futures were trading at Rs 3,39,910, declining Rs 59,983 or 15 per cent.

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Why are gold and silver prices falling today after record highs? Anil Singhvi explains

Gold and silver futures declined sharply in early trade on Thursday, extending losses after volatile moves in the previous session.

Gold, silver prices slide over 2% on MCX: What should investors do amid sharp volatility?

Oil prices gained on Thursday following a larger than expected draw in US crude inventories,&nbsp;with Brent climbing above sixty dollars.&nbsp;In contrast,&nbsp;gold and silver prices retreated as a stronger US dollar and profit booking cooled the recent record-breaking rally.&nbsp;Base metals like copper and nickel also saw pullbacks from peaks despite Indonesia's output cuts.&nbsp;Meanwhile,&nbsp;palm oil futures rose as Indonesia announced massive plantation seizures,&nbsp;highlighting a complex day for global commodity traders.

Oil Prices Rise on US Inventory Draw While Gold and Silver Slip as US Dollar Hits Peak

gold-price-drop-today

Gold and silver prices witnessed sharp volatility once again, creating confusion among investors and traders. According to market expert Anil Singhvi, the level of fluctuation seen in precious metals over the last few sessions has been unusually high and remains difficult to interpret.

Gold and silver futures on the Multi-Commodity Exchange (MCX) were trading lower on Friday amid sharp volatility, reflecting profit booking after a strong rally to record highs, said market expert Anil Singhvi. Gold and silver futures traded sharply lower. Gold 5 February futures were quoted at Rs 1,56,300, down Rs 13,103 or 7.73 per cent. Silver 5 March futures were trading at Rs 3,39,910, declining Rs 59,983 or 15 per cent.
 

Gold and silver futures declined sharply in early trade on Thursday, extending losses after volatile moves in the previous session.

Oil prices gained on Thursday following a larger than expected draw in US crude inventories, with Brent climbing above sixty dollars. In contrast, gold and silver prices retreated as a stronger US dollar and profit booking cooled the recent record-breaking rally. Base metals like copper and nickel also saw pullbacks from peaks despite Indonesia's output cuts. Meanwhile, palm oil futures rose as Indonesia announced massive plantation seizures, highlighting a complex day for global commodity traders.

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gold Price Drop Today

Gold price down 24%, Silver cracks 41% from 52-week high: What should investors do now?

Why are gold and silver prices falling today after record highs? Anil Singhvi explains

Gold, silver prices slide over 2% on MCX: What should investors do amid sharp volatility?

Oil Prices Rise on US Inventory Draw While Gold and Silver Slip as US Dollar Hits Peak

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