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45· Steady
Economics2h 54m 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.
India
Who
MCX
What
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.
When
Mon, 13 Jul 2026 03:37:51 GMT · 2h 54m ago
Where
India ·
Why
Inflation fears and concerns over interest rate hikes revived after crude oil prices jumped 4%, driving the dollar index higher.
The Frontline Impact
How this affects you
Gold and silver prices on the Multi Commodity Exchange (MCX) experienced significant declines, reflecting renewed investor concerns about inflation and potential interest rate hikes, influenced by rising crude oil prices and a stronger dollar index.
Story chain
2 events in this thread- Currently Reading2h 54m agoMCX 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.
- Economics6h 32m agoGold and silver prices extended losses on the MCX for a second straight session on Monday.Open article
Verified Sources & Citations
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/commodities/news/gold-prices-fall-by-rs-2000/10-grams-silver-dips-by-rs-5400/kg-as-rising-oil-prices-spur-rate-hike-bets-should-you-sell/articleshow/132356050.cms
- HIGHLiveminthttps://www.livemint.com/market/commodities/gold-price-drops-1-silver-rates-crash-over-2-on-mcx-as-inflation-fears-rate-hike-concerns-revive-11783912345951.html
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