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GOLD DIPS BELOW $4300, SILVER RETREATS FROM RECORDS ON PROFIT BOOKING

Published on Dec 16, 2025 14:57

Gold prices slipped below $4300 per ounce on Tuesday as investors booked profits after bullion touched a near two-month high in the previous session, with attention turning to the US nonfarm payrolls report for fresh clues on the Federal Reserve�s policy path. Easing safe-haven demand, amid renewed optimism around a potential Russia�Ukraine peace deal, also weighed on sentiment. Silver futures followed suit, retreating toward $62 per ounce after pulling back from record highs, as traders locked in gains after a sharp rally. Despite the near-term correction, both metals continue to draw underlying support from strong central bank purchases, healthy ETF inflows, and steady retail demand. A softer dollar, with the dollar index hovering below 98 after last week�s Fed rate cut, has further cushioned downside risks, even as uncertainty lingers over the pace of policy easing in 2026. In the domestic market, MCX February gold futures edged 0.2% lower to ₹133830 per 10 grams.

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