Gold rate today: COMEX price slips below $4,000/ounce; ₹1.25 lakh/10 grams in India soon amid US Fed rate hike buzz? - Livemint

AI desk brief

COMEX gold fell below $4,000/oz to an intraday low of $3,973.80, while silver touched $51.160/oz during Thursday’s early session. Giottus CEO Vikram Subburaj attributed pressure to stronger-than-expected US inflation, increased Fed-tightening expectations and dollar strength; the article references the December 2026 meeting. Analyst Anuj Gupta identifies gold support at $3,800/oz, a break of which could expose $3,400–3,350. He identifies silver support around $50 and $48/oz, with a decisive breach below $48 potentially opening $42–40. These are individual analysts’ explanations and scenarios, not established policy outcomes or the publisher’s views.