Gold and silver prices opened lower for a second session in a row on the Multi Commodity Exchange on Monday as stronger-than-expected US jobs data reinforced expectations of higher interest rates, while investors awaited key US inflation data due later this week for further clarity on the Federal Reserve’s policy outlook.
In the domestic market, MCX silver futures for September 2026 delivery were down Rs 1,235 to Rs 2,36,423 per kg. Gold futures for October 2026 delivery declined by Rs 500 to Rs 1,52,244 per 10 grams. With today’s decline, gold and silver have fallen Rs 3,600 and Rs 6,000, respectively, over the past two sessions.
