18 June,2026 01:04 PM IST | Mumbai | mid-day online correspondent
Representational image. File pic
Gold and silver prices continue to fall for the third straight day. The yellow metal on Thursday fell significantly by Rs 1,840. After a significant surge in price amid the peace talks between the US and Israel, the prices of the yellow metal have been declining since the start of this week.
On the Multi Commodity Exchange (MCX), gold futures declined by 1.34 per cent to Rs 1,51,660 per 10 grams at 12:20 pm on an intraday basis.
On the other hand, silver futures (July) also lost over 0.17 per cent to Rs 2,45,275 per kg on Monday.
Gold prices in Mumbai witnessed a marginal decline on Monday, with the price of 24-karat gold declining by Rs 1,243 for 10 grams compared to the previous day.
According to the latest market rates, 24-karat gold in Mumbai was priced at Rs 1,51,778 per 10 grams on Monday, down from Rs 1,53,021. The decline reflects trends in the precious metals market amid global economic developments.
Meanwhile, 22-karat gold prices in Mumbai also declined marginally, going downwards to Rs 1,39,029 per 10 grams. The previous day's price stood at around Rs 1,40,168.
The prices in Delhi also showed marginal changes. Yellow metal was recorded at Rs 1,51,627 for 10 grams of 24-karat gold. The price of 22-karat gold in Delhi stood at Rs 1,38,890 for 10 grams.
Indian equity markets traded for the second day straight and traded flat on Thursday in morning trade. The market opened flat amid mixed global cues as investors and traders assessed indications that the US Federal Reserve may still raise borrowing costs later this year, despite the benefits of lower oil prices and the Fed's decision to keep rates unchanged.
According to IANS, Sensex during the morning bell traded at 77,095.99, down 59 points or 0.08 per cent in early trade, while Nifty was at 24,076.95, down 8.75 points or 0.04 per cent.
Sector-wise, IT stocks remained under pressure, with Nifty IT declining 1.70 per cent. In contrast, Nifty Consumer Durables and Nifty FMCG rose 0.31 per cent each, while Nifty Metal advanced 0.25 per cent and Nifty Chemicals gained 0.21 per cent.
