EconomyMay 21, 2026
Gold Rate Falls on MCX Amid Hints of Future Rate Hikes from the US Federal Reserve
Gold Prices Dip on Weak Global Cues
Gold prices inched lower on the Multi Commodity Exchange (MCX) on Thursday morning amid weak global cues and speculations that the US Federal Reserve may tighten monetary policy in the near future due to increased inflationary risks.
MCX Gold Prices Slip 0.18%
MCX gold June futures traded 0.18% lower at ₹1,59,719 per 10 grams around 9:10 am on Thursday. This development comes as the market continues to navigate the impact of potential US Federal Reserve actions on global markets.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
| Market Indicator | Price Change | Current Price |
|---|---|---|
| MCX Gold June Futures | 0.18% lower | ₹1,59,719 per 10 grams |
This is a developing story. Please check back for fresh updates.
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