Gold and Silver Prices Drop on MCX as Middle East Conflict Strengthens US Fed Rate Hike Expectations

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Economy

16 July 2026 at 3:17 pm

Gold and Silver Prices Drop on MCX as Middle East Conflict Strengthens US Fed Rate Hike Expectations

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Summary

Gold and silver prices dropped on MCX as escalating Middle East conflict strengthened expectations of a US Fed rate hike, with MCX gold and silver futures declining.

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