Gold, silver rates today: Comex gold drops $59/oz; silver falls $3.60 as US dollar remains strong
Analysis of this story by livemint_markets · 13 Mar 2026, 9:00 PM IST (about 2 months ago)
AI Analysis
The broader Indian market (Sensex, Nifty) has seen significant plunges recently, as indicated by the online context. A strong US dollar typically leads to FII outflows from emerging markets like India, further impacting market sentiment.
Trading Insight
Given the bearish sentiment in precious metals and the broader market weakness, traders should maintain a cautious stance, potentially looking for opportunities in defensive sectors or shorting overvalued assets.
Quick check: NIFTY neutral, SENSEX neutral.
Key Evidence
- •Comex gold dropped $59/oz, marking a third-day decline.
- •Silver fell $3.60 to $81.51.
- •The decline is attributed to a strengthening US dollar and delayed interest rate cuts.
- •Geopolitical tensions have not boosted demand for safe-haven assets as expected.
- •Risk flag: Sudden reversal in US dollar strength
Sources and updates
Original source: livemint_markets
Published: 13 Mar 2026, 9:00 PM IST
Last updated on Anadi News: 13 Mar 2026, 9:21 PM IST
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