Gold and silver prices opened lower on the MCX on Thursday, extending losses for the fourth straight session as fresh geopolitical tensions following U.S. President Donald Trump's declaration that the interim agreement to end the war with Iran was "over" revived concerns over inflation and the outlook for interest rates.
In the domestic market, MCX silver futures for September 2026 delivery were down Rs 2,000 (1%) to Rs 2,21,502 per kg. Gold futures for August 2026 delivery fell by Rs 610 to Rs 1,43,101 per 10 grams.