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Gold drops 628 rupees to 1.41 lakh silver plunges 2442 rupees amid pre-Diwali slide

Domestic gold prices slipped 628 rupees to 1.41 lakh rupees per 10 grams on Tuesday, extending October losses to 7,000 rupees. Silver plunged 2,442 rupees to 1.92 lakh rupees per kilogram according to IBJA data. A strengthening US dollar and rising Treasury yields pressured bullion rates, while industrial demand cutbacks accelerated selling momentum ahead of Diwali.

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