Gold and silver prices fell sharply on MCX after the US Federal Reserve signalled a possible interest rate hike later this year while keeping rates unchanged. Higher rate expectations pressured precious metals despite easing oil prices. Analysts advised booking profits in existing long positions and waiting for fresh entry levels.

Gold and silver prices snapped their three-day winning streak on MCX as investors tracked developments in the US-Iran peace agreement. Domestic futures slipped marginally, while…

Gold and silver prices edged lower on MCX amid easing rate hike expectations and optimism over a potential U.S.-Iran deal. While domestic futures declined marginally, global…