Commodities & currencyMint
Gold prices under pressure near 138500 per 10 grams
Neutral0
GreyOak summary
Gold prices on the Multi Commodity Exchange (MCX) are trading near ₹1,38,500 per 10 grams, down from recent highs. The decline is attributed to a hawkish US Federal Reserve stance and a strengthening US dollar, which outweighed the positive impact of falling crude oil prices. Experts suggest a recovery to ₹1.50 lakh per 10 grams by December 2026 depends on softer US inflation and lower interest rate expectations.
What it affects
- GoldNeutral 0
Gold trading near 138500 per 10 gramsRolling sentiment Neutral -2
