NEW DELHI
Gold and silver prices dropped again as investors remain worried about global instability and future interest rate hikes. Growing tensions in West Asia and a cautious outlook from the U.S. Federal Reserve are driving traders away from precious metals. Gold futures on the exchange fell, reflecting weak global market sentiment. Analysts note that markets are bracing for potential rate increases, which typically lower the appeal of non-yielding assets like gold. Meanwhile, silver also faced selling pressure as it struggled to hold key price levels. Investors are now watching upcoming U.S. economic data.