Gold prices declined nearly 1.86 per cent as stronger US inflation, labour and trade data raised expectations of prolonged monetary tightening. A hawkish speech by Federal Reserve Chair Kevin Warsh further pressured bullion, while silver also retreated from recent highs
Gold and silver prices fell sharply in Mumbai trade as the Strait of Hormuz blockade announcement and rising tensions dented sentiment. Weak global cues and risk-off mood pushed bullion lower, with MCX and COMEX metals showing further downside pressure
Gold and silver prices plunged sharply as investors booked profits after a historic rally. MCX gold fell over 7% and silver 9%, pressured by higher CME margins, a stronger dollar, and Budget-related expectations, triggering panic unwinding and short-term bearish trends
