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The Economic Times
The Economic Times
National
Debjit Sinha

Gold price today: Gold rate crashes to lowest in 2 months, silver price drops. Here's what to expect

Gold rate today fell to its lowest level since August 4. Spot gold slid 1.9 per cent to $4,060.37 per ounce to its lowest level in more than two months on Thursday. US gold futures for December delivery fell 1.8 per cent to $4,075.70 per ounce. This comes as a rally in oil prices heightened inflation worries ahead of the Federal Reserve's policy decision next week.

Spot silver dropped 3.9 per cent to $55.7225 per ounce, platinum slid 2.9 per cent to $1,581.73, its lowest since July 29, while palladium fell 2.5 per cent to $1,059.75 after hitting its lowest level since June 2025.

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