Gold and silver prices dropped on MCX Thursday due to heavy selling, influenced by global bullion losses after the US Federal Reserve hinted at potential interest rate hikes. Despite volatility, increased summer wedding season demand and price drops have spurred cautious buying from customers, with sales of lower caratage jewelry rising.

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…

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…