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The Economic Times
The Economic Times
Veer Sharma

Silver dips Rs 3,800/kg, gold at Rs 1.58 lakh/10 gms after US attacks southern Iran in fresh strikes. Should you sell?

Gold Iran silver United States MCX Inflation Manoj Kumar Jain Oil Interest Rates Missile

Gold and silver prices opened on a weak note on Multi Commodity Exchange (MCX) on Tuesday as renewed U.S. strikes in Iran lifted oil prices, raising fears of persistent inflation and prolonged high interest rates.

In the domestic market, MCX silver futures for July 2026 delivery fell Rs 3,731 or 1.3% to Rs 2,72,985 per kg. Gold futures for June 2026 delivery were down Rs 547 at Rs 1,58,534 per 10 grams. In the previous session, silver and gold were marginally lower.

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