Gold and silver prices fall sharply amid higher Fed rate-hike bets

India

First seen: Aug 31, 2026, 5:16 AM UTCUpdated: Aug 31, 2026, 6:01 AM UTC

WHAT HAPPENED

Gold and silver prices reportedly fell sharply in Indian markets, with gold down about 9,500 rupees per 10 grams over four days and silver down 7,700 rupees per kilogram.

SO WHAT?

The move signals significant volatility in precious-metals markets and affects investors and commodity pricing.

FOR ME

Impact on Switzerland

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MARKETS

Market impact

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COVERAGE

Reports behind this event

moneycontrol.comen

Gold prices slip over 1% to Rs 1.54 lakh as hawkish Fed signals trigger profit booking; key factors investors should watch

Aug 31, 2026, 6:01 AM UTC

moneycontrol.comen

Gold, silver ETFs tumble up to 4% as US Fed rate-hike bets surge; Gold BeES, Silver BeES among top losers

Aug 31, 2026, 6:01 AM UTC

business-standard.comen

Gold could hit $5,600, silver $120 by year-end in bull case: Monarch PMS

Aug 31, 2026, 5:46 AM UTC

livemint.comen

Gold and silver prices crash up to 2% on MCX- What is driving this selloff?

Aug 31, 2026, 5:16 AM UTC

economictimes.indiatimes.comen

Gold prices drop 9,500/10 gram in 4 days; silver down Rs 7,700/kg as US Fed rate hike bets increase. Buy, sell or hold?

Aug 31, 2026, 5:16 AM UTC