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Gold and silver tumble after Trump Xi talks as Iran risks rattle MCX traders
Economy
Published on 14 May 2026
A sharp reversal follows the prior day’s rally
Gold and silver opened lower on MCX as traders tracked developments from Trump–Xi talks and watched the Iran conflict closely. July 2026 silver fell to around Rs 2,96,879 per kg, while June 2026 gold dropped near Rs 1,61,027 per 10 grams. The fall comes after a powerful previous session that saw silver surge and gold climb sharply.
- MCX gold and silver prices opened sharply lower
- Moves tracked Trump Xi diplomacy and Iran conflict developments
- Decline followed a strong prior-day rally for both metals
- Traders are watching key levels for next direction
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times