22-Oct-2026 10:55:01
Gold, Silver Extend Sell-Off on MCX; Silver Falls 2.64%, Gold Drops 1.25%
Gold and silver witnessed sharp selling on MCX on Thursday, with silver falling 2.64% to ₹2,03,650 per kg and gold declining 1.25% to ₹1,44,251 per 10 grams. Rising crude oil prices have fuelled inflation concerns, raising expectations of tighter US monetary policy. A stronger rupee has also weighed on domestic bullion prices, while investors await signals from the US Federal Reserve. Profit-booking and weak global sentiment have added to the pressure.