Gold Market
Gold prices dropped around Rs 4,300 per 10 grams over two trading sessions on the MCX, as higher crude oil prices fuelled inflation worries and strengthened the case for additional US Federal Reserve rate increases.
Gold gave up Rs 1,900 per 10 grams on MCX over three sessions while silver gained Rs 1,400 per kg. Inflation expectations and rate-hike worries are keeping the metals volatile.
Gold and silver prices dropped sharply on the MCX on Thursday after the US Federal Reserve raised interest rates and signalled further tightening. Easing oil supply concerns added to the pressure.
Gold and silver prices declined for a second day on the MCX as traders assessed Middle East tensions, rising crude oil, and a 60% chance of a Fed rate hike. US inflation data is the next focus.
Gold and silver prices fell as stronger US jobs data boosted expectations of higher interest rates. Analysts see a sideways trend ahead of US inflation data and the Fed's September meeting.
Gold and silver prices rose for a second straight session on MCX as the US dollar weakened and bond yields eased. Investors now await US nonfarm payrolls data.
Gold prices fell after Fed Chair Kevin Warsh's hawkish remarks at Jackson Hole. Analysts from Julius Baer and Monarch PMS outline 2026 scenarios for gold and silver, with rate hike expectations and geopolitical tensions in focus.
Gold prices fell ₹9,500 per 10 grams over four sessions and silver dropped ₹7,700 per kg after Fed Chair Kevin Warsh's comments raised expectations of higher US interest rates.
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.