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Economics6h 28m ago

Gold and silver prices extended losses on the MCX for a second straight session on Monday.

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MCX

Who
Not specified
What
Gold and silver prices extended losses on the MCX for a second straight session on Monday.
When
Mon, 13 Jul 2026 00:00:00 GMT · 6h 28m ago
Where
MCX ·
Why
Rising oil prices triggered by fears of a Strait of Hormuz closure raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.
The Frontline Impact

How this affects you

Precious metal prices declined due to concerns over inflation and sustained high interest rates, driven by increased oil prices.

Story chain

2 events in this thread
  1. Economics2h 50m ago
    MCX gold August futures declined over 1% to ₹1,41,820 per 10 grams, while MCX silver September futures crashed more than 2% to ₹2,17,448 per kg in early deals.
    Open article
  2. Currently Reading6h 28m ago
    Gold and silver prices extended losses on the MCX for a second straight session on Monday.

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