Negative impactCommodity
Gold falls 2.4%, silver 3.5% on MCX: What is driving the sell-off
CNBC-TV18 1 hr ago·28 Sept 2026, 8:22 am
On the Multi Commodity Exchange, gold fell about 2.4% and silver slipped roughly 3.5% in the latest session. The decline was linked to a rise in U.S. Treasury yields, a firmer dollar and higher crude‑oil prices, which together made non‑yielding precious metals less attractive.
For investors, the move matters because metal prices influence the performance of commodity‑linked funds and the trading volumes that drive MCX’s fee income. A sustained drop can also affect portfolios that use gold or silver as a hedge against inflation or currency risk.
Going forward, market participants will be watching U.S. yield curves, the dollar index and crude‑oil trends for clues on whether the sell‑off will deepen or reverse. Any shift in monetary‑policy expectations or major economic data releases could also reshape metal pricing in the coming weeks.
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Multi Commodity Exchange of India (MCX).
- Category: Commodity.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Multi Commodity Exchange of India worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
