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Gold, silver slip as Fed rate hopes fade amid West Asia tensions
Updated On: 16 March, 2026 11:32 AM IST | New Delhi | IANS
Gold and silver fell on Monday as hopes of a near-term US Fed rate cut faded and West Asia tensions persisted. MCX gold dropped to Rs 1,56,655/10 gm and silver to Rs 2,54,367/kg, while a stronger dollar, rising crude, and a weaker rupee added pressure
-1773640060612_d.png "Gold, silver slip as Fed rate hopes fade amid West Asia tensions")
Gold drops over Rs 1,800, silver plunges nearly 2 percent on MCX. Representational Image
Gold and silver prices declined on Monday amid fading hopes of a near-term interest rate cut by the US Federal Reserve, while escalating tensions in West Asia kept investors cautious.
On the Multi Commodity Exchange (MCX), gold futures for the April 2 contract were trading at Rs 1,56,655 per 10 grams, down more than 1 per cent or Rs 1,811, touching an intra-day low around 10 am.
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