Negative impactCommodity
MCX gold falls to ₹1.52 lakh per 10 grams, silver also under pressure
CNBC-TV18 1 hr ago·23 Sept 2026, 10:55 am
Gold prices on the Multi Commodity Exchange (MCX) have dropped to ₹1.52 lakh per 10 grams, with silver also facing selling pressure. This decline follows a broader trend in global markets driven by higher US interest rates and a stronger US dollar. The rupee's movement against the dollar also played a role in making the precious metals more expensive for domestic buyers.
For investors, this drop highlights the sensitivity of commodity prices to global monetary policy and currency fluctuations. While the current trend is bearish, experts suggest that upcoming festive seasons and wedding demand in India could provide some support to prices. Traders should keep a close watch on global cues and domestic demand trends to gauge the next move.
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 (MCX).
- Category: Commodity.
- AI reads the tone as negative (potentially bearish) for the stock.
Why it matters
A routine update for Multi Commodity Exchange. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
