Gold and silver prices extended their losses for a second straight session on the MCX on Thursday, pressured by a stronger U.S. dollar and mounting expectations that the Federal Reserve could raise interest rates this year.
In the domestic market, MCX silver futures for July 2026 delivery were down Rs 15,526 in two days (7%) to Rs 2,10,308 per kg. Gold futures for August 2026 delivery declined by Rs 5,863 to Rs 1,40,666 per 10 grams. In the previous session, the two declined by up to 0.2%.