Livemint
EN
Gold, silver rates today: Comex gold drops $87/oz; silver falls $5 as US dollar strengthens
Precious metals fell on 11 March as the US dollar gained, making commodities pricier. Gold futures dropped $80 to $5,012 per ounce, while silver fell $4.67 to $79.64. Rising energy prices and inflation concerns complicate potential Federal Reserve rate cuts amid ongoing Middle East tensions.
Read original on www.livemint.com ↗Negative for markets
Sentiment score: -65/100
Moderate impact
Short-term (days)
WHAT THIS MEANS
Precious metals declined significantly as the US dollar strengthened, with gold futures falling $80 to $5,012/oz and silver dropping $4.67 to $79.64/oz. Rising energy prices and inflation concerns are tempering expectations for Federal Reserve rate cuts despite Middle East geopolitical tensions.
AI CONFIDENCE
85% Very high
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
↓
Gold Futures
GC=FCommodity
Expected to decline
Gold futures declined $80/oz due to US dollar strength, which makes dollar-denominated commodities less attractive to foreign buyers
↓
Silver Futures
SI=FCommodity
Expected to decline
Silver fell $4.67/oz following gold's weakness and dollar appreciation; industrial demand concerns amid inflation uncertainty
↓
Euro / US Dollar
EURUSDCurrency
Expected to decline
US dollar strengthening against major currencies, reducing precious metals demand from non-USD regions
↑
Oil (WTI Crude)
CL=FCommodity
Expected to rise
Energy prices rising, supporting inflation concerns and potentially offsetting safe-haven demand for precious metals
PRICE HISTORY
Loading chart...
⚡ SUGGESTED ACTION
Short precious metals on dollar strength continuation; monitor Fed communications and energy prices for reversal signals. Consider hedging inflation exposure through energy commodities rather than traditional gold positions given current macro dynamics.
KEY SIGNALS
SECTORS INVOLVED
Analysis generated on Mar 12, 2026 at 00:49 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Bloomberg Markets
Financial Post