Gold and silver ETFs drop up to 9% on profit booking and a stronger US dollar

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Gold and silver ETFs saw significant drops of up to 9% today due to profit-taking and a stronger US dollar. The declines reflect international price movements that occurred while Indian markets were closed for a holiday, with silver ETFs experiencing the sharpest falls. Despite the ETF drops, gold and silver futures on the MCX traded higher, and analysts maintain a positive outlook for gold due to geopolitical uncertainty.


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Gold and silver ETFs drop up to 9% on profit booking and a stronger US dollar | News Minimalist