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Gold Silver Prices Open Flat on MCX as Iran Tensions Stir Inflation Worries

Economy
Published on 4 May 2026
Gold Silver Prices Open Flat on MCX as Iran Tensions Stir Inflation Worries

Investors watch crude oil inflation risk and US Iran signals

Gold and silver opened flat on MCX as traders weighed inflation fears fueled by higher crude oil and closely monitored US-Iran developments. Analysts say gold is consolidating, with traders fixated on key support and resistance levels, while silver holds a stable bias, waiting for a breakout to gain clearer direction. The focus now is whether geopolitical pressure or oil-driven inflation wins.

  • Gold and silver both opened flat on MCX
  • Crude oil-led inflation worries are back in focus
  • US-Iran developments are driving trader caution
  • Gold consolidation continues; silver awaits a breakout
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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