MCX gold slips Rs 243 to Rs 1,47,135/10 grams; silver falls Rs 1,150 to Rs 2,37,264/kg after four-session rise
Gold and silver futures on India’s MCX retreated on Monday, snapping a four-day winning streak. The August 2026 gold contract fell Rs 243 to Rs 1,47,135 per 10 grams, while September 2026 silver slid Rs 1,150 to Rs 2,37,264 per kg. The drop was driven by profit-taking even as expectations of a U.S. Federal Reserve rate hike eased, with the implied probability of a September move down to 55%.