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...