BusinessPhoto: Amar BusinessSilver Falls Over 3% Before US Midterm Election Results
Ahead of the US midterm election results, silver prices dropped over 3% due to investor caution amid concerns about interest rates and rising inflation. On MCX, silver fell to ₹1.77 lakh per kg, with December futures down 3.36% to ₹1,77,611 per kg. Global COMEX silver futures also slipped below $50 per ounce. Experts attribute the decline to economic uncertainties and cautious investor sentiment.
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