MCX shares jump 4% as gold and silver rise on US Treasury move
MCX shares jumped over 4% as gold, silver and copper futures rose after a US Treasury liquidity support announcement. The stock has returned around 900% in three years.
Gold Market
MCX shares jumped over 4% as gold, silver and copper futures rose after a US Treasury liquidity support announcement. The stock has returned around 900% in three years.
Gold fell on the MCX but rose internationally as Treasury yields eased. Rising oil prices and inflation concerns limit rate cut expectations. Experts view the correction as a buying opportunity.
MCX gold and silver prices declined in early trade on Tuesday as a surge in crude oil prices rekindled fears that the Federal Reserve and other central banks may raise interest rates.
Gold prices slipped on the Multi Commodity Exchange (MCX) on Tuesday even as international benchmarks extended gains. The divergence came as traders toned down expectations of an aggressive US Federal Reserve rate hike.
Gold and silver prices were largely stable in India on August 16, 2026, with spot gold near ₹1,45,165 per 10 gram and silver around ₹2,23,800 per kg. MCX futures edged higher.