Home / Business / Business News / Article /
Gold and silver decline up to 2 per cent as crude prices surge above USD 110
Updated On: 28 April, 2026 03:29 PM IST | Mumbai | mid-day online correspondent
Gold and silver prices dropped sharply on Tuesday, falling up to 2 per cent due to rising crude oil prices and ongoing tensions between United States and Iran. Both domestic and international markets showed weakness, while experts advised caution as volatility continues
-1777362781303_d.png "Gold and silver decline up to 2 per cent as crude prices surge above USD 110")
Gold and silver retreat despite strong yearly gains. Representational Image
Gold prices saw notable selling pressure on the Multi Commodity Exchange (MCX). The June 5 gold futures contract fell to an intra day low of Rs 1,50,450 per 10 grams, down 0.83 per cent (Rs 1,271). It briefly touched a high of Rs 1,51,802 before slipping again.
As per the latest update, gold was trading at Rs 1,50,600, down Rs 1,121 or 0.74 per cent.
How do you like the new new mid-day.com experience? Share your feedback and help us improve.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT