Gold Rates & Silver Rates Today Live: MCX Gold Ends Lower, Silver Price Underperforms With 2.5% Drop

Gold rates and silver rates in India started March 11th trading session on a cautious note. MCX gold and silver price dropped by 0.5% to 1%. The performance comes despite spot gold rising marginally up. Spot silver is under pressure.

The reason is that traders have pared back expectations of policy easing from US Federal Reserve and they are predicting only one rate cut in 2026 due to inflationary pressures.

Accordingly, markets will monitor key inflation data which is expected to be above Fed's target.

The Pentagon said Tuesday that the US and Israel carried out their most intense attacks yet on Iran and will persist until the Islamic Republic is defeated, striking a more aggressive tone after earlier remarks by President Donald Trump suggested the conflict might end soon. US officials also delivered conflicting messages, adding to market uncertainty, with the White House saying the US had not escorted an oil tanker through the Strait of Hormuz, contradicting a now-deleted social media post by Energy Secretary Chris Wright, as per Trading Economics.

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