Gold prices slipped while silver advanced on the MCX on Friday, finding support from a weaker U.S. dollar even as the two remained on track for a weekly decline amid concerns that escalating U.S.-Iran tensions could stoke inflation and keep the U.S. Federal Reserve on a hawkish policy path.
In the domestic market, MCX silver futures for September 2026 delivery were up Rs 613 to Rs 2,26,990 per kg. Gold futures for August 2026 delivery fell by Rs 440 to Rs 1,44,860 per 10 grams. For the week, silver has fallen more than 3%, shedding over Rs 6,000, while gold has declined by around Rs 900.
