- By Aditya Jha
- Tue, 21 Oct 2025 10:44 PM (IST)
- Source:JND
Gold Silver Price: The prices of gold and silver have significantly dipped a day after Diwali, marking the biggest decline in the past four years. While the gold fell by about 3.8 per cent after reaching a new peak of USD 4,381 per ounce on Monday, the silver also fell from USD 54 to USD 50 per ounce in a single day. The experts suggest that several reasons are responsible for the decline in the prices, including the end of the festival seasons in India, the US dollar's strength, and the reduction in tensions between the US and China. Apart from this, the technical indicators are now showing that the price of gold had reached the overbought zone, indicating that the phase of profit booking has started.
Phase Of Profit Booking Has Started: Experts
While providing details, the experts stated that the strengthening of the US dollar has also put pressure on the prices of gold and silver, reported Jagran.Com. They further stated that the precious metals are becoming expensive for investors from other countries due to the expansive dollar. Apart from this, the reports of easing of tensions between America and China have also seen investors shifting away from the safe investments.
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Gold And Silver Prices To See More Fluctuations?
According to Bloomberg charts, gold has fallen from USD 4,350 to around USD 4,250, while silver has fallen from USD 54 to USD 50 per ounce. Currently, the market environment is uncertain, and experts believe that gold and silver prices may see further fluctuations in the near future.
Gold and silver prices declined on the Multi Commodity Exchange (MCX). On Tuesday, the price of 24-carat gold (Gold Rate Today) reached Rs 128,000 per 10 grams. This was a decline of Rs 1,371 compared to the previous trading session. Apart from this, the price of silver reached Rs 148,508 per kilogram.
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