Gold and silver prices crash up to 2% on MCX- What is driving precious metals down?
14 September 2026 Updated 14 September 2026Source: LiveMint 1 min read
Quick Summary
Gold and silver prices experienced a significant decline of up to 2% on MCX on Monday, 14 September. This movement saw MCX gold October futures fall by 1.19% and MCX silver December contracts drop by 1.70%.
Key Takeaways
- Gold and silver prices crashed up to 2% on MCX.
- This occurred on Monday, 14 September.
- MCX gold October futures were down 1.19% at ₹1,50,973 per 10 grams.
- MCX silver December contracts were 1.70% down at ₹231000 per kg.
Why It Matters
Fluctuations in precious metal prices can impact investment portfolios, especially for those holding gold and silver as a hedge against inflation or for diversification. Understanding these movements helps investors assess market sentiment and potential trends.
Summary, takeaways and analysis above are written by CAPITA1's AI from the source report. For educational purposes only. Not investment advice.