Gold, Silver Prices Fall as Investors Await Inflation Data and Fed Speech

Gold and silver prices fell on Tuesday as investors turned their attention to key inflation data and Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole Conference.

The MCX silver futures for September 2026 delivery were down Rs 1,921 to Rs 2,42,299 per kg, while gold futures for October 2026 delivery declined by Rs 229 to Rs 1,63,015 per 10 grams. This comes after a two-session decline of Rs 4,300/kg in silver and a dip after a four-day rally in gold.

Gold prices surged last week after the U.S. Treasury Department announced that it would double the size of liquidity support buyback operations for longer-dated notes and bonds, fueling concerns over currency debasement.