Neutral impactCommodity
Gold Prices Below Rs 1,39,000; Silver Jumps By Rs 3,300, But Still Under Rs 1,83,000
NDTV Profit 2 hrs ago·2 Nov 2026, 9:14 am
Gold prices have slipped below the Rs 1,39,000 per 10 grams mark, while silver has risen by Rs 3,300 to Rs 1,82,000 per kg. This shift reflects a change in market sentiment, likely driven by a stronger rupee and a rally in domestic equities that make gold less attractive to buyers.
For investors, this volatility highlights the importance of diversification. Gold often acts as a hedge against market uncertainty, but its recent dip suggests a shift in investor risk appetite. Silver's gain, however, indicates that precious metals remain a dynamic asset class.
Moving forward, keep an eye on global cues, including US Federal Reserve interest rate decisions and the strength of the rupee. These factors will likely dictate the next moves in the precious metals market.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
