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Economics2h 17m ago
Gold prices declined Rs 3,000 per 10 gram and silver prices plunged Rs 7,000 per kg this week.
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MCX
Who
MCX
What
Gold prices declined Rs 3,000 per 10 gram and silver prices plunged Rs 7,000 per kg this week.
When
Fri, 17 Jul 2026 04:06:00 GMT · 2h 17m ago
Where
MCX ·
Why
Renewed U.S.-Iran fighting lifted oil prices, stoking inflation concerns and rate hike expectations.
The Frontline Impact
How this affects you
The decline in gold and silver prices occurred as rising oil prices fueled inflation concerns and increased expectations of interest rate hikes.
Story chain
5 events in this thread- Currently Reading2h 17m agoGold prices declined Rs 3,000 per 10 gram and silver prices plunged Rs 7,000 per kg this week.
- Economics2h 49m agoGold was on track for its biggest weekly loss in six on Friday.Open article
- Economics2h 49m agoGold prices were on track for their biggest weekly loss in six.Open article
- Economics2h 49m agoGold was on track for its biggest weekly loss in six on Friday, as escalating U.S.-Iran clashes lifted oil prices, adding to inflationary pressures and strengthening the case for higher U.S. interest rates.Open article
- Economics4h 28m agoGold prices are set for their largest weekly fall in six weeks, despite a Friday rebound, due to renewed clashes between the United States and Iran which have lifted oil prices and stoked inflation concerns.Open article
Verified Sources & Citations
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/commodities/news/gold-set-for-biggest-weekly-fall-in-six-as-iran-war-fans-inflation-worries/articleshow/132450633.cms
- HIGHReutershttps://www.reuters.com/world/india/gold-track-biggest-weekly-loss-six-iran-war-fans-inflation-worries-2026-07-17/