Global Markets Plunge on October 31 with Gold and Silver Hitting Lows
Gold fell to $3,874 an ounce, its lowest in over a year and down 30-31% from January's $5,600 peak, while silver dropped below $50 to near $49. Tech stock worries sparked forced selling across assets, compounded by rising oil prices from Middle East tensions and Houthi attacks disrupting Saudi Aramco operations. Bitcoin held up better at just 4% down for the week, as analysts eye oversold conditions and potential rebounds amid split views on the future.
The volatility of silver prices in India.
October 2025 - ₹1,68,336/kg
January 2026 - ₹4,12,724/kg
October 2026 - ₹1,79,886/kg
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