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Tech rout drives gold to one-year low, white metals sink deep into oversold zone

Source: Economic Times ·
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The Quick Take

Gold prices have plummeted to a year-long low, driven by anxiety over AI expenditure trends and declining tech shares. Other precious metals such as silver, platinum, and palladium have similarly seen their values drop sharply. Market experts forecast that precious metals may rebound, particularly if gold stays under $4,000. A decline in demand for silver's industrial and jewelry uses further comp

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