Gold falls ₹115 on US interest rate hike fears, silver declines ₹461 - Business Standard

AI desk brief

Gold and silver futures weakened on Tuesday as fears of a US rate hike and firmer bond yields pressured metals. The benchmark October gold contract on MCX opened at ₹1,51,115/10g, down ₹115 from the prior close, and was last near ₹1,51,181, while Comex gold traded around $4,350/oz near a five-week low.

Silver also moved lower: the December MCX contract opened at ₹2,32,229/kg, down ₹461 from the previous close. Intraday gold ranged between ₹1,51,115 and ₹1,51,553, with the article noting the contract’s 2026 high at ₹1,80,779.