MCX Gold Futures Dip as Global Markets Pull Back

The Multi Commodity Exchange (MCX) echoed the international sell-off, with gold futures slipping to roughly Rs 1,45,230 per 10 grams – a 0.31% fall from the previous session. Silver futures also weakened, trading near Rs 2,26,453 per kilogram. Both contracts traded lower as investors reacted to the same macro-economic concerns that nudged COMEX prices down. The trend suggests that the recent rally may have run its course, at least for the short term.