GOLD CRASHES TO A ONE-YEAR !..READ BELOW TO KNOW REASON

WHICH INDIAN STOCKS COULD BE AFFECTED? Gold, traditionally considered a safe-haven asset, witnessed heavy selling on October 30, catching investors off guard. But this time, even geopolitical tensions failed to support bullion prices. The correction is important not just for gold investors, but also for India's jewellery industry and gold-loan companies. 1. HOW BIG WAS THE FALL? The October 30 selloff was significant: MCX Gold: Fell ₹4,206 to ₹1,36,762 per 10 grams, down approximately 2.98%. International Spot Gold: Dropped as much as 3.05% to around $3,898.54 per ounce — its lowest level in a year. MCX Silver: Crashed ₹9,976 to ₹1,79,477 per kg, down approximately 5.27%. Gold also recorded a monthly decline in October, extending its correction. --->WHY DID GOLD CRASH SO SHARPLY? A. US inflation concerns and higher interest-rate expectations B. Rising crude oil prices C. Strong selling in global technology stocks --->WHICH INDIAN STOCKS COULD BE AFFECTED? MUTHOOTFIN MANAPPURAM TITAN KALYANKJIL SENCO GOLD AB CAPITAL -->Gold-loan companies — A potential negative trigger --->THE BOTTOM LINE The latest gold crash is not simply a case of investors losing interest in precious metals. It reflects a combination of inflation worries, tighter monetary-policy expectations, global equity-market liquidation and technical selling.