Gold and silver prices opened lower on the MCX on Monday, snapping a four-session winning streak as investors booked profit despite easing concerns over further U.S. Federal Reserve rate hikes following softer-than-expected jobs data and declining oil prices.
In the domestic market, MCX silver futures for September 2026 delivery were down Rs 1,150 (0.5%) to Rs 2,37,264 per kg. Gold futures for August 2026 delivery fell by Rs 243 to Rs 1,47,135 per 10 grams. In the previous session, the two ended flat.