📰 ET Markets 🏛️ RBI/POLICY 🕒 23 Oct 2026, 11:09 AM IST

Gold price falls Rs 1,500/10g; silver plunges Rs 7,000/kg as soaring oil fuels rate hike bets. Time to sell?

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Gold price falls Rs 1,500/10g; silver plunges Rs 7,000/kg as soaring oil fuels rate hike bets. Time to sell?

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Market & Financial Impact: Gold and silver prices fall on the MCX as rising oil prices fuel inflation concerns and expectations of higher interest rates for longer. Investors track the US Federal Reserve meeting, dollar movements and geopolitical tensions for cues on precious metals.

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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

Rising oil prices and delayed rate-cut hopes weigh on precious metals as traders watch key support levels.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Gold price falls Rs 1,500/10g; silver plunges Rs 7,000/kg as soaring oil fuels rate hike bets. Time to sell?

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