Gold, silver prices today: Silver falls Rs 2,000, gold marginally lower as firm dollar outweighs safe-haven demand. What should investors do?
Analysis of this story by et_markets · 12 Mar 2026, 9:42 AM IST (about 2 months ago)
AI Analysis
The metals sector, particularly precious metals, is currently under pressure from a strong US dollar and global economic uncertainties. This trend impacts Indian refiners, jewelers, and miners.
Trading Insight
Maintain a bearish bias on precious metals; consider short positions or avoiding fresh long entries until dollar strength subsides. Implement strict stop-losses.
Quick check: TATASTEEL bearish bias (-0.3% 1d), HINDALCO bullish bias (+0.1% 1d).
Key Evidence
- •Gold and silver prices moved down on Thursday.
- •A firmer US dollar weighed on bullion demand.
- •On the MCX, silver fell over Rs 2,000 per kg.
- •Gold declined marginally.
- •Analysts expect continued volatility amid currency fluctuations, geopolitical tensions and crude oil price movements.
Sources and updates
Original source: et_markets
Published: 12 Mar 2026, 9:42 AM IST
Last updated on Anadi News: 12 Mar 2026, 10:01 AM IST
AI-powered analysis by
Anadi Algo News