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Gold and silver correction continues: What should investors do now - CNBC TV18

CNBC TV18 via Google News Tier 3 2026-10-30 01:59 UTC 📖 1 min brief Bearish
Gold Silver

AI desk brief

Gold and silver extended their correction on COMEX, with gold at $4,017.30/oz, down $14.10 (-0.35%), and silver at $51.535/oz, down $0.845 (-1.61%), as markets weighed the US rate outlook and geopolitical tensions. The piece says a stronger interest-rate path is weighing on non-yielding metals, even as West Asia tensions and higher oil prices keep inflation and policy risks in focus.

Arun Patel of Arunassets Investment Services argues the pullback should be viewed as a consolidation phase rather than a trend break, recommending gradual accumulation over a two-to-three-year horizon. He cites continued central-bank demand as a structural support, noting purchases of 863 tonnes in 2025 and another 289 tonnes in Q2 2026, while warning prices could trade sideways for an extended period before the next leg higher.

Sources used

  1. S1 CNBC TV18 via Google News — Gold and silver correction continues: What should investors do now - CNBC TV18
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