Gold Drops by Rs 1,000 on MCX, Silver Down 1.6% as Crude Oil Prices Rise | Check City-Wise Rates

Gold drops by Rs 1,000 on MCX, silver down 1.6% as crude oil prices rise | Check city-wise rates

Rates of precious metals in futures fell further on Monday, May 18, 2026, as rising geopolitical tensions kept crude oil prices higher, which have continued to weigh on inflation expectations and overall market sentiment. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 471 or 0.29 per cent at Rs 1,58,076 per 10 grams against the previous close of Rs 1,58,547. It continued the downward trend to touch an int…

Gold, silver trade volatile amid rising West Asia tensions and US bond yields

Mumbai, May 18 (IANS) Gold and silver showed volatility on Monday amid rising geopolitical tensions in West Asia, which typically support safe-haven demand, and a sharp rise in US Treasury… Continue reading Gold, silver trade volatile amid rising West Asia tensions and US bond yields The post Gold, silver trade volatile amid rising West Asia tensions and US bond yields first appeared on Australia India News.

Gold, silver prices down globally: Know the price of the precious metals in major cities

Kolkata: Gold and silver were quoting lower in early trade on May 18 as the US-Iran war seemed to be resuming again resulting in a rise in oil prices and the US dollar firming again. On Comex, spot gold was quoting 0.52% lower this morning at $4,538 per ounce. On the other hand, silver declined 2.64% lower at $75.50 per ounce. In the Indian market, gold futures for June delivery closed the Friday session 0.06% lower at Rs 1,58,450 per 10 grams c…