← Latest news 
Gold slips to Rs 1 52 lakh as silver drops Rs 1400 on oil surge and stalled Iran talks
Economy
Published on 27 April 2026
Oil spikes and Iran talks stall could tilt rates fast
Gold and silver opened lower on MCX as crude oil prices rose and stalled U.S.-Iran talks revived worries about sticky inflation and possible rate hikes. Traders now brace for choppy moves, with analysts pointing to key support and resistance zones. While gold can hedge inflation, higher interest rates could cap its gains in the near term.
- Silver dips Rs 1,400 while gold opens around Rs 1.52 lakh on MCX
- Rising crude and stalled U.S.-Iran talks are reviving inflation and rate-hike fears
- Market expects volatility, with analysts tracking support and resistance levels
- Potential rate pressure may limit gold upside despite inflation-hedge appeal
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times