Gold and silver prices opened sharply lower on the Multi Commodity Exchange (MCX) on Tuesday as a stronger U.S. dollar weighed on demand, while investors closely monitored developments in the U.S.-Iran peace negotiations and reassessed the outlook for U.S. interest rates.
In the domestic market, MCX silver futures for July 2026 delivery were down Rs 7,185 (3%) to Rs 2,27,125 per kg. Gold futures for August 2026 delivery declined by Rs 1,342 to Rs 1,46,776 per 10 grams. In the previous session, the two rose up to 1%.
