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The Economic Times
The Economic Times
Veer Sharma

Silver dips Rs 3,000/kg, gold down Rs 1,100/10g as firm dollar outweighs Iran war peace hopes. What’s next?

Gold silver Iran MCX Donald Trump Manoj Kumar Jain United States

Gold and silver prices opened on a weak note on Multi Commodity Exchange (MCX) on Wednesday as U.S. Treasury yields and a stronger dollar offset optimism surrounding a possible peace agreement between the United States and Iran.

In the domestic market, MCX silver futures for July 2026 delivery dipped Rs 2,889 or 1% to Rs 2,67,230 per kg. Gold futures for June 2026 delivery were down Rs 1,121 at Rs 1,57,959 per 10 grams. In the previous session, silver and gold were marginally higher.

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