Economy · India
Gold and Silver Prices See Fluctuations on MCX and Retail Markets
On August 4, 2026, gold and silver prices experienced fluctuations. MCX gold October contracts rose by 0.50% to ₹1,43,607 per 10 grams, and MCX silver September futures increased by over 1% to ₹2,19,150 per kg. Retail rates for gold and silver were also reported across major Indian cities including Delhi, Mumbai, and Kolkata. Some reports indicated a global rise in gold prices while domestic prices fell, with one report mentioning a ₹34,000 drop for 10 grams of gold. Analysts suggested that US-Iran talks and US macroeconomic data would influence gold prices and Federal Reserve rate decisions.
How outlets across the spectrum covered it
Left 0 · Centre 8 · Right 3 n = 11
- Centre (8 votes, 10 outlets): Business Standard, Dainik Bhaskar, Haribhoomi, Hindustan (Hindi) · Mint (HT Media — 1 vote), Mathrubhumi English, Navbharat Times · The Times of India (Times Group — 1 vote), The Indian Express, The Lallantop
- Right (3): News18 Hindi, Punjab Kesari, Zee News (Hindi)