Gold Rates & Silver Rates Today (30-06-2026) LIVE: MCX Gold Falls Rs 1,700, Silver Down On Weak Global Cues
Gold rates and silver rates in India are falling on June 30, 2026. MCX gold dropped hard by over Rs 1,650 or 1.2%, to trade around Rs 140,750 per 10 grams, while MCX silver crashed mildly to trade below Rs 218,600 per kg. This is due to weak performance in the international bullion market.
In the early hours of Tuesday, spot gold hit its lowest level in eight months to trade below the $4,000 mark and spot silver plunged below $58 per ounce. Both the precious metals are down by up to 1.5% each.
On the other hand, crude oil prices held ground with little change as Brent Crude traded near $74 per barrel and US WTI Crude Oil performed near $71 per barrel.
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Following the geopolitical crisis, rate hike expectations and stronger dollar, gold and silver are on move to clock a fourth consecutive monthly decline. Gold and silver have plunged by nearly 12% and 24% in past month. But precious metals have declined by roughly 15% in the quarter.
Markets continue to price in three Federal Reserve rate hikes this year, with the first move potentially coming in September. Investors are now awaiting the latest US monthly employment report for fresh clues on the policy outlook. Meanwhile, US and Iran are scheduled to resume peace talks in Doha, Qatar later today, although prospects for a lasting ceasefire remain unclear. A major sticking point remains after Tehran reiterated its plan to oversee traffic through the Strait of Hormuz even if Oman decides not to take part, as per Trading Economics.
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