Gold rate crashes over 1% on MCX as Fed rate cut hopes weaken amid US-Iran war

Gold rate crashed over 1% on MCX. MCX gold April futures dropped by ₹1,800, or 1.14%, to ₹1,56,655 per 10 grams in early deals on Monday, while MCX silver May contracts crashed by more than ₹4,300, or 1.7%, to ₹2,55,101 per kg.

Gold rate crashes over 1% on MCX as Fed rate cut hopes weaken amid US-Iran war
Gold rate crashed over 1% on MCX. MCX gold April futures dropped by ₹1,800, or 1.14%, to ₹1,56,655 per 10 grams in early deals on Monday, while MCX silver May contracts crashed by more than ₹4,300, or 1.7%, to ₹2,55,101 per kg.

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