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Gold and silver slide after stronger US jobs data boosts Fed-hawkish expectations

Gold and silver fell in futures trade Monday as stronger-than-expected US jobs data lifted expectations of a potentially hawkish Federal Reserve, weighing on demand for non-yielding assets. On MCX, gold October contracts fell ₹462…

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Gold and silver prices fell in futures trade on Monday, September 7, after stronger-than-expected US jobs data lifted expectations of a potentially hawkish Federal Reserve and weighed on demand for non-yielding assets. On the Multi Commodity Exchange (MCX), gold contracts for October delivery fell ₹462.