Gold and silver prices dropped on MCX as the escalating Middle East conflict fuelled expectations of a US Fed rate hike.

Middle East

Who

US Fed

What

When

Thu, 16 Jul 2026 03:37:30 GMT · 2h 55m ago

Where

Middle East ·

Why

Escalating Middle East conflict strengthened expectations of a US Fed rate hike.

The Frontline Impact

How this affects you

Gold and silver prices on MCX declined by up to half a per cent. The conflict is influencing expectations for US monetary policy, potentially affecting global commodity markets.

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Verified Sources & Citations

Livemint
https://www.livemint.com/market/commodities/gold-and-silver-price-today-rate-drops-on-mcx-as-middle-east-conflict-strengthens-us-fed-rate-hike-expectations-11784172681844.html
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