Gold, silver plunge up to 6 pc on global weakness

March 23, 2026 12:03 PM

Gold, silver plunge up to 6 pc on global weakness

Gold and silver prices in India traded sharply lower on Monday, tracking weakness in global bullion markets amid rising concerns over inflation and potential interest rate hikes following escalating US-Iran tensions. On the Multi Commodity Exchange (MCX), gold futures dropped steeply at the opening. Gold futures for (April 2) fell as much as 5.59 per cent, or Rs 8,089, to hit an intra-day low of Rs 1,36,403 per 10 grams by 9:40 am, while silver declined 6.63 per cent, or Rs 15,043, to Rs 2,11,7...

Gold, silver prices slide up to 2 pc as US Fed keeps rates unchanged

March 19, 2026 12:15 PM

Gold, silver prices slide up to 2 pc as US Fed keeps rates unchanged

Gold and silver prices witnessed a sharp fall on Thursday following the US Federal Reserve’s latest policy decision announced overnight, even as escalating geopolitical tensions in the Middle East kept bullion in focus. On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading around 1 per cent, or Rs 1,313, lower at Rs 1,51,712, hitting an intraday low at around 10:22 am. Similarly, silver futures (May 5) declined to Rs 2,43,083, down 2 per cent or Rs 5,111. As widely expec...