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Gold and silver prices fall marginally after surge a day earlier
Updated On: 11 March, 2026 02:18 PM IST | Mumbai | mid-day online correspondent
Gold prices in Mumbai saw a slight correction on Wednesday after a sharp surge a day earlier, while silver remained strong. The fluctuation comes amid global uncertainty over energy supplies and geopolitical tensions, even as crude oil prices declined and Indian stock markets opened with modest gains
Representational image. File pic
Gold and silver prices on Wednesday showed a marginal decline amid the continuing global turmoil and the uncertainties about the global energy supply chain.
After a sudden surge in precious metal prices on Tuesday, the MCX gold April futures gained 1.15 per cent to Rs 1,62,150 per 10 grams around 12.15 pm on an intraday basis. Meanwhile, MCX silver May futures gained 3.68 per cent to Rs 2,77,000 per kg. However, the dynamics of the gold futures on Wednesday look contrary.
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