Gold, Silver Slip Up to 1% Amid Global Uncertainty, Weak Investor Sentiment

Gold and silver prices declined by up to 1% on both domestic (MCX) and global markets as investors turned cautious amid ongoing geopolitical tensions and economic uncertainty. The drop comes against the backdrop of the US–Iran situation and unclear signals from the US Federal Reserve on future interest rate policy. A stronger US dollar and profit booking after recent gains also pressured precious metal prices, making gold more expensive for global buyers and reducing demand.

Related Articles