Silver cracks Rs 6,300/kg; gold dips Rs 1,600/10 gm as traders fear Fed rate hike this year. Should you sell? (opens original article in a new tab)

Gold and silver prices declined on MCX as traders anticipated a potential US Fed rate hike, with gold falling Rs 1,600 per 10 grams and silver dropping Rs 6,298 per kg.

• Gold and silver prices fell on MCX after the US Fed signaled a potential rate hike this year
• Gold futures for August 2026 delivery declined by Rs 1,600 to Rs 1,52,304 per 10 grams
• Silver futures for July 2026 delivery dropped Rs 6,298 to Rs 2,45,509 per kg