{
  "id": 19304290,
  "title": "Gold hits $4,135, but silver steals the show as Diwali shuts markets",
  "url": "https://urgent.news/2026/11/10/gold-hits-4-135-but-silver-steals-the-show-as-diwali-shuts-markets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T07:27:29.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/gold-hits-4135-silver-outpaces-yellow-metal-as-diwali-shuts-markets/article71685233.ece"
  },
  "original_language": "en",
  "account": "Silver overtook gold in early global trading on Tuesday, as Indian markets were shuttered for the Diwali holiday, leaving domestic investors to await the MCX's reopening. Silver's COMEX price climbed 0.92% to $53.18 per troy ounce, while gold rose 0.50% to $4,135.20. Both precious metals continued a Monday rally, with gold closing at ₹1,43,106 per 10 grams and silver at ₹1,87,015 per kilogram, after briefly exceeding their intraday peaks. A weaker US dollar, declining oil prices, and the prospect of diplomatic progress with Iran underpinned the gains. Analysts attributed the metals' rise to positive Democratic results in the US midterm elections, which boosted expectations of improved Iran negotiations and reduced inflationary pressures. However, the rally's sustainability is uncertain, as October's nonfarm payrolls surpassed expectations, signaling further Fed rate hikes. The upcoming US CPI data, released at 7 pm IST, coincides with the MCX's post-holiday session, potentially causing heightened early trading volatility. Indian traders must rely on the Monday's close of ₹93.9275 for their reference rate, as the forex market remains closed during the MCX's reopening.",
  "summary": "Both metals extended a rally from Monday",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}