MCX gold August slips 1.04% to ₹1.52 lakh/10g, silver falls 2.41% to ₹2.45 lakh/kg
MCX gold August futures fell 1.04% to ₹1.52 lakh per 10 grams on June 18, while silver dropped 2.41% to ₹2.45 lakh per kilogram. A firmer US dollar and the Federal Reserve’s hawkish tone weighed on bullion by reducing the appeal of non-yielding assets. An interim US–Iran understanding eased geopolitical risk and softened safe-haven demand. Crude oil also extended losses on expectations of higher supply, pressuring broader commodity sentiment.