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Gold, silver prices today, 8 Nov: Check Diwali 2026 retail rate of 24K, 22K gold, 999 silver in Delhi, Mumbai, Bangalore - Livemint

Livemint via Google News Tier 3 2026-11-08 05:17 UTC 📖 1 min brief Bearish
Gold Silver

AI desk brief

Spot gold fell 0.6% to $4,063.47/oz, after slipping as much as 1.5% toward $4,020, while silver rose 0.2% to $51.87 in the report dated 8 November 2026. Citing Bloomberg, the source linked gold’s decline to stronger-than-expected US payrolls and increased speculation about Federal Reserve rate increases; tighter policy could pressure gold, although no real-yield move is established. CFTC data for the week ended November 3 showed money managers’ bullish gold bets at their lowest since June and silver bets at their lowest in almost three years, indicating reduced bullish positioning rather than establishing further price declines.

Sources used

  1. S1 Livemint via Google News — Gold, silver prices today, 8 Nov: Check Diwali 2026 retail rate of 24K, 22K gold, 999 silver in Delhi, Mumbai, Bangalore - Livemint
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