📰 ET Markets 🔴 BEARISH 🕒 31 Oct 2026, 09:16 AM IST

Tech rout drives gold to one-year low, white metals sink deep into oversold zone

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Tech rout drives gold to one-year low, white metals sink deep into oversold zone

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Market & Financial Impact: Gold prices have plummeted to a year-long low, driven by anxiety over AI expenditure trends and declining tech shares. Other precious metals such as silver, platinum, and palladium have similarly seen their values drop sharply. Market experts forecast that precious metals may rebound, particularly if gold stays under $4,000. A decline in demand for silver's industrial and jewelry uses further complicates its market outlook, leaving a persistent downtrend expected.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Tech rout drives gold to one-year low, white metals sink deep into oversold zone

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