Gold and silver prices volatile following strong US jobs report

Gold and silver prices declined on Friday after robust US jobs data showing 165,000 new positions in October raised expectations of a Federal Reserve rate hike.

December gold futures fell ₹1,700 to ₹1,42,930 per 10 grams, while silver futures dropped 1.26% to ₹1,84,800 per kilogram during the session.

Investors now see a 77% probability of a 25-basis-point rate hike in December, as persistent inflation and economic resilience keep the central bank in focus.