Gold falls nearly Rs 3k per 10 grams on MCX, silver sinks over 2% | Check city-wise rates
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8 Articles
Gold-Silver Rate Fall: There was a big fall in the prices of gold and silver on Wednesday. While silver became cheaper by Rs 5000 in one stroke from its previous close on MCX, gold also fell and now it has come down by Rs 1.5 lakh.
Gold falls nearly Rs 3k per 10 grams on MCX, silver sinks over 2% | Check city-wise rates
Rates of precious metals in futures opened a gap down on Wednesday, June 10, 2026, amid renewed tensions between the United States and Iran. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 2,517 or 1.65 per cent at Rs 1,49,926 per 10 grams against the previous close of Rs 1,52,443. It fell further to an intraday low of Rs 1,49,500, down Rs 2,943 or 1.93 per cent. However, it saw some buying at these leve…
The selling pressure for gold continues from Monday after the exchange of ballistic missile attacks between Israel and Iran over the weekend
The military escalation around the Strait of Ormuz drives oil and strengthens the dollar, just as the supposed refuge loses traction.
goldseek.com
silverseek.comNew Closing Lows For Gold And Silver
New Closing Lows For Gold And Silver Gold actually did run back up to its old high on the back of concerns about the war with Iran; however, it has lost a considerable amount of air in the past week. Kelsey Williams Wed, 06/10/2026
Gold and silver ETFs (exchange-traded funds) saw heavy selling pressure today. As crude oil prices surged due to rising tensions between the US and Iran, both gold and silver prices fell. In addition, the strength of the dollar and fears of prolonged high global interest rates also crushed the prices of gold and silver. Due to these four reasons, the Gold ETF fell by more than 3%, while the Silver ETF also fell by about 5%. Talking about spot pr…
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