Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg. What's next?

Gold prices fell by Rs 1,800 per 10 grams while silver slipped below Rs 2.21 lakh per kg on Tuesday, with both metals declining over 1 percent. The selloff was driven by escalating Middle East tensions and anticipated US Federal Reserve rate hikes aimed at curbing inflation, with international spot gold recording its biggest monthly drop since 2008. Analysts expect continued volatility as investors await upcoming US economic data for signals on the Fed's policy direction.