Gold, silver drop from record peak on profit taking, Powell remarks weigh on metals https://www.taxtmi.com/news?id=56779 Gold and silver fell from record highs as traders booked profits and a firmer US dollar following the Fed Chair's cautious remarks on rate cuts, which shifted expectations for near-term monetary easing. Geopolitical tensions and safe-haven demand helped prevent a larger correction, while market participants await US inflation and employment data and further central bank commentary for directional guidance. en-us Wed, 24 Sep 2025 17:16:02 +0530 Wed, 24 Sep 2025 17:16:02 +0530 TaxTMI RSS Generator Gold, silver drop from record peak on profit taking, Powell remarks weigh on metals https://www.taxtmi.com/news?id=56779 Gold and silver fell from record highs as traders booked profits and a firmer US dollar following the Fed Chair's cautious remarks on rate cuts, which shifted expectations for near-term monetary easing. Geopolitical tensions and safe-haven demand helped prevent a larger correction, while market participants await US inflation and employment data and further central bank commentary for directional guidance. News - Wed, 24 Sep 2025 17:16:02 +0530 https://www.taxtmi.com/news?id=56779