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The Economic Times
The Economic Times
Veer Sharma

Silver dips Rs 1,600/kg, gold down Rs 800/10 grams on firm dollar, Iran war uncertainty. Key levels to watch today

Gold silver Iran MCX Manoj Kumar Jain Oil

Gold and silver prices opened on a weak note on Multi Commodity Exchange (MCX) on Friday, weighed down by a firmer dollar and rising oil prices that reinforced expectations of further interest rate hikes by the U.S. Federal Reserve.

In the domestic market, MCX silver futures for July 2026 delivery dipped Rs 1,617 or 0.6% to Rs 2,73,266 per kg. Gold futures for June 2026 delivery were down Rs 800 at Rs 1,58,816 per 10 grams. In the previous session, silver and gold were marginally higher.

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