MCX GOLD₹1,55,719+2.18%MCX SILVER₹2,36,400+2.81%MCX CRUDE₹8636.00+0.41%MCX COPPER₹1383.40+0.91%MCX NAT GAS₹276.60-0.86%USD / INR₹94.63-0.43%COMEX GOLD$4,540+3.97%WTI CRUDE$91.54+0.58%MCX GOLD₹1,55,719+2.18%MCX SILVER₹2,36,400+2.81%MCX CRUDE₹8636.00+0.41%MCX COPPER₹1383.40+0.91%MCX NAT GAS₹276.60-0.86%USD / INR₹94.63-0.43%COMEX GOLD$4,540+3.97%WTI CRUDE$91.54+0.58%
MCX GOLD₹1,55,719+2.18%MCX SILVER₹2,36,400+2.81%MCX CRUDE₹8636.00+0.41%MCX COPPER₹1383.40+0.91%MCX NAT GAS₹276.60-0.86%
as of 2026-09-03 23:26 IST
RESOLVEDGoldKey: ₹141506/10g

Precious Metals Unwind as FOMC Hawkish Stance & Middle East Easing Reduce Safe-Haven Demand

Gold and silver rally sharply as weaker US non-farm payrolls data trigger FOMC rate-cut reassessment, reversing the safe-haven unwind and reducing the opportunity cost of holding non-yielding precious metals.

Outcome: The precious metals unwind reversed as weakening US employment data reassessed FOMC rate-cut expectations, lifting gold from ₹141506/10g to ₹1,41,900 before the narrative faded after eight days without new editions.

Started 2 Jul 2026Resolved 15 Jul 20263 briefs
1
DAY 1 · THURSDAY · Edition #056
Silver Snaps Back 2.1% as Gold-Silver Ratio Widens Again to 68.4x

Silver's industrial half retreats faster than gold's safe-haven floor, while crude and copper confirm a broad pullback in growth expectations.

2
DAY 2 · MONDAY · Edition #058
COMEX Gold at $4198 as Safe-Haven Demand Enters a New Phase

Weak US jobs data and geopolitical stress lift COMEX gold to $4198 — the safe-haven narrative is building, not peaking.

3
DAY 3 · TUESDAY · Edition #059
Gold Retreats From $4198 Peak as Safe-Haven Demand Hits a Crossroads

COMEX gold slides to $4134 as a Trump-Xi meeting prospect and oil's geopolitical surge pull traders in opposite directions.

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Why MCX Gold Is Moving→MCX Gold Option Chain→
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