Rates of gold and silver crashed up to 2 per cent in the domestic futures market on Tuesday morning as fading hopes of a US Fed rate cut in December and easing concerns over US tariffs weighed on demand for safe-haven bullion. MCX Gold December futures were 1.19 per cent down at ₹1,21,466 per 10 grams, while MCX Silver December contracts were 1.65 per cent down at ₹1,52,750 per kg at 9:05 am.
(This is a developing story. Please check back for fresh updates.)
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