Neutral impactCommodity

Gold prices dip Rs 3,200/10 gram; silver falls Rs 6,700/kg as high oil prices raise rate hike bets. Time to sell?

Economic Times 55 min ago·28 Sept 2026, 4:50 am

Gold and silver prices fell sharply on MCX as rising oil prices fuelled inflation concerns and boosted expectations of further US rate hikes. Gold futures dropped Rs 3,214 per 10 grams, while silver declined Rs 6,661 per kg. Experts expect volatility amid crude prices, the dollar, geopolitical tensions and US-Iran developments.

Affected stocks

Neutral1 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.

Why it matters

A routine update for Multi Commodity Exchange of India. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.