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MCX Gold

Why did gold prices fall nearly 2% this week? Strong US data and a hawkish Federal Reserve outlook pushed bullion lower.

MCX gold fell up to 0.8% and silver dropped more than 1% on Friday as fresh US-Iran tensions increased geopolitical uncertainty.

MCX gold rose 0.76% to Rs 1,52,982, while silver gained 1.62% to Rs 2,35,221 as domestic buying supported bullion prices.

Gold gained 4.73% this week as a weaker US dollar, falling Treasury yields and soft US labour-market data strengthened bullion demand.

Gold prices climbed to a seven-week high, nearing Rs 1.5 lakh on MCX as lower US Treasury yields boosted safe-haven demand.

Gold and silver prices rose as a weaker US dollar and falling crude oil prices boosted demand for precious metals.

Gold prices rose 1.31% this week as US-Iran tensions and higher crude oil prices boosted safe-haven demand ahead of the Federal Reserve meeting.

Gold and silver prices traded lower on Friday as a stronger US dollar pressured bullion in domestic and global markets.

Gold and silver prices rose on MCX as easing crude oil prices and safe-haven demand supported the global bullion market.

Gold and silver prices fell as a stronger US dollar and higher US rate expectations outweighed safe-haven demand despite rising Middle East tensions.