Gold and silver rates on MCX dropped as escalating US-Iran tensions pushed oil prices higher, raising inflation concerns and fueling speculation of a potential US Fed rate hike.
The fall comes amid rising oil prices due to renewed US-Iran tensions
Jun 29, 2026
01:01 pm
What's the storyGold and silver prices witnessed a decline on the Multi Commodity Exchange (MCX) today.
The fall comes amid rising oil prices due to renewed US-Iran tensions, raising inflation fears and increasing the likelihood of a US Federal Reserve rate hike.
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