Gold and silver prices fell sharply on MCX on Wednesday as a stronger U.S. dollar and rising expectations of Federal Reserve rate hikes dampened sentiment, outweighing support from easing oil prices and the gradual reopening of the Strait of Hormuz.

Gold prices rose on MCX on Monday, snapping a two-day decline after oil prices softened amid signs of progress in U.S.-Iran peace talks. The recovery comes after a sharp selloff…

Gold and silver prices fell sharply on MCX on Tuesday, reversing gains from the previous session, as a stronger U.S. dollar dampened demand and investors tracked U.S.-Iran peace…