MCX Gold, Silver Prices Fall Amid Inflation Data, Fed Speech
Gold and silver prices fell on the Multi Commodity Exchange (MCX) Tuesday as investors turned their attention to key inflation data and a speech by Federal Reserve Chair Kevin Warsh at the Jackson Hole Conference.
The domestic market saw MCX silver futures for September 2026 delivery decline Rs 1,921 to Rs 2,42,299 per kg. Gold futures for October 2026 delivery dropped by Rs 229 to Rs 1,63,015 per 10 grams.
This comes after a four-day rally in gold prices and a decline of Rs 4,300/kg in silver over the last two sessions.