Gold and silver prices eased on the MCX on April 27, driven by profit booking even as hopes for US-Iran peace talks supported sentiment. A slight dip in the US dollar offered some cushion for bullion. Meanwhile, crude oil climbed more than 1%, adding volatility to commodities and influencing market pricing for yellow and 999 silver.
Gold and silver prices in India slid for the second straight session on 24 April 2026. A firmer US dollar and delayed Fed rate-cut expectations weighed on MCX gold and silver, while global COMEX prices also retreated. Surprisingly, even the Strait of Hormuz tension failed to trigger a safe-haven bounce, leaving bullion trading softer across major cities.
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