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Gold, silver turn volatile after strong US jobs data, but remain on track to snap multi-week losing streaks

Mint Markets · Finance · 2026-11-06

Gold, silver turn volatile after strong US jobs data, but remain on track to snap multi-week losing streaks

Gold and silver prices were trading lower in Friday's session, as stronger-than-expected US jobs data reinforced expectations that the Federal Reserve could raise interest rates at its policy meeting next month; On the Multi Commodity Exchange (MCX), the December gold futures contract was down ₹1,700 per 10 grams to ₹1,42,930 at the time of writing.

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