Gold prices drop below Rs 1.50 lakh/10 grams
Synopsis Gold and silver prices tumbled on MCX on Friday, pressured by a stronger U.S. dollar and the Federal Reserve’s hawkish stance. Silver futures fell
Synopsis Gold and silver prices tumbled on MCX on Friday, pressured by a stronger U.S. dollar and the Federal Reserve’s hawkish stance. Silver futures fell 2.3% to ₹2.32 lakh/kg, while gold futures dropped ₹2,269 to ₹1.49 lakh per 10 grams. The decline extended a sharp selloff from the previous session, taking silver’s two-day loss to ₹20,000 per kg and gold’s to ₹7,000 per 10 grams.
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