NewsSignals AI analysis·Mint·Nov 3, 2026

Gold, silver rates crash today: What's behind plunging precious metals prices ahead of Dhanteras, Diwali 2026? Details

Grade Abearish AI signal$XAU$XAG

Gold and silver prices declined in India on November 3, with silver facing a sharper correction as precious metals came under pressure from changing US interest-rate expectations and investor profit-taking. IBJA gold fell Rs.542 to Rs.1,37,576 per 10 grams, while silver dropped Rs.875 to Rs.1,76,425 per kg; markets are pricing in a 75% probability of another Federal Reserve rate hike in December. Precious metals could remain under pressure as hawkish Fed expectations, geopolitical uncertainty and liquidation risks continue to drive volatility.

Bullish strength: 30/100

Lower prices could attract bargain buying and support physical demand.
Gold retains its long-term diversification and safe-haven role.

Bearish strength: 70/100

Markets are pricing in a 75% probability of another December Fed rate hike.
Gold has corrected nearly 3% in US dollar terms over the past week.
Investor profit-taking and margin-related liquidation are adding selling pressure.
Silver faces additional pressure from concerns about industrial demand and economic growth.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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