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Economic Times8 July 2026

Gold prices fall for 3rd straight session; silver dips to Rs 2.30 lakh/kg as rising oil prices fuel rate hike bets. Buy, sell or hold?

Gold prices fall for 3rd straight session; silver dips to Rs 2.30 lakh/kg as rising oil prices fuel rate hike bets. Buy, sell or hold?

Gold and silver prices extended their losses for a third straight session on the MCX as rising oil prices and a stronger U.S. dollar fuelled expectations of higher U.S. interest rates. Investors now await the Federal Reserve's meeting minutes for further policy cues, while analysts expect bullion prices to remain volatile amid geopolitical tensions.

Gold and silver prices extended their losses for a third straight session on the MCX as rising oil prices and a stronger U.S. dollar fuelled expectations of higher U.S. interest rates. Investors now await the Federal Reserve's meeting minutes for further policy cues, while analysts expect bullion prices to remain volatile amid geopolitical tensions.

Source

Economic Times Markets

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