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The Economic Times
The Economic Times
Business
Veer Sharma

Gold price falls Rs 2,000/10 gram; silver plunges Rs 6,000/kg as traders eye US Fed meet next week. Buy, sell or hold?

Gold US Federal Reserve silver United States MCX Inflation Interest Rates

Gold and silver prices opened sharply lower on the Multi Commodity Exchange (MCX) on Thursday as investors awaited next week's US Federal Reserve policy meeting for clues on the outlook for interest rates, while Middle East tensions continued to simmer.

In the domestic market, MCX silver futures for December 2026 delivery were down by Rs 5,700 to Rs 2,03,520 per kg. Gold futures for December 2026 delivery declined by Rs 2,000 to Rs 1,44,196 per 10 grams.

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