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Gold and silver prices fell sharply on MCX as rising oil prices fuelled inflation concerns and boosted expectations of further US rate hikes. Gold futures dropped Rs 3,214 per 10 grams, while silver declined Rs 6,661 per kg. Experts expect volatility amid crude prices, the dollar, geopolitical tensions and US-Iran…
Crude oil price today Middle East tensions escalated supply risks as silver fell 0.8% amid a broader metal selloff. Analysts track global supply chain impact.
Silver ETFs witnessed a steeper decline, falling as much as 4%, while gold ETFs dropped more than 2%.