Gold and silver prices fall amid stronger rate-hike expectations

IndiaUnited States

First seen: Sep 7, 2026, 4:01 AM UTCUpdated: Sep 7, 2026, 8:32 AM UTC

WHAT HAPPENED

Gold and silver prices on India’s MCX declined amid weak global cues, while strong U.S. jobs data increased expectations of Federal Reserve rate hikes.

SO WHAT?

Changing rate expectations can affect precious metals, borrowing costs and broader financial-market conditions.

FOR ME

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MARKETS

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COVERAGE

Reports behind this event

jagranjosh.comen

Gold and Silver Prices Fall on MCX: How Is US Jobs Data, Crude Oil and Geopolitical Tensions Behind the Latest Drop?

Sep 7, 2026, 8:32 AM UTC

livemint.comen

Gold and silver prices: Rates drop on MCX amid weak global cues; strong U.S. jobs data fuel US Fed rate hike chatter

Sep 7, 2026, 4:01 AM UTC